Dec. 5 at 2:21 AM
$VEEE hey guys I had a question for you all. I made some money on this last week during the volatility. Just flipping. Didn’t have time to check any fundamentals…just traded. Anyways…I’m trying to recognize patterns in advance, instead of playing penny flipper. I’m looking at the short data and it seems like the borrow fee is over 100%…that explains the move. But the important question I have for you, is it looks like only 2 % of float sold short. How long has the borrow rate been this high? What caused the spike in borrow rates? Thanks again for anyone who responds.