Not a financial professional, this is not financial advice.
Short Interest report estimates included below from S3, Ortex, and Nasdaq, all indicating that tomorrow’s report is likely to show:
Important to clarify that the bimonthly NYSE/FINRA reports only include trades settled by the reporting deadline, so tomorrows report will include activity from the 27th (T+2) but not the 28th/29th (or anything since).
If anyone has additional trustworthy sources from the 27th or 28th that they’d like me to add here, please feel free to include them in a reply here or send via chat/message, whichever you prefer.
“$GME short int is $10.64B; 71.88M shs shorted; 139.73% of Float” on 1/27 https://twitter.com/ihors3/status/1354477089471295492?s=21 (S3)
S3 Estimated SI 122.55% of Float on 1/28 https://twitter.com/ihors3/status/1354847896173240322?s=21
“As of January 29th GME stock is still the most heavily shorted stock in the market, with a short interest of 121.07%.” https://www.nasdaq.com/articles/are-these-the-best-heavily-shorted-stocks-to-buy-right-now-5-names-to-watch-2021-01-31
Ortex Estimated SI 51.05M on 1/27 https://ortex.com/symbol/NYSE/GME/short_interest
MODS: THIS IS IMPORTANT, PLEASE DON'T REMOVE
So far, many of you have seen and heard about the ladder attacks that have been happening with GME recently. What if I tell you that "short interest is going down" is the result of shorts unwinding their previous ladder attacks?
Let me explain:
Today, I saw something very strange on Webull. I saw shares of GME being traded in L2 data for ~$14, ~20$, and around ~$30. I managed to take a screenshot from one of these sales and in order to make sure that something is very wrong, I made a limit buy order at $30 before it happened again. The order obviously didn't get filled:
At first, I thought this might be a glitch, but after thinking about it more, it clicked! I've been following GME for months, the key is within why these prices were chosen ($14, $20, $30)! Folks who've been following GME closely know that GME broke $14 for the first time after the Microsoft deal. Both $20 and $30 were also important breakthroughs for GME's price.
So why are we seeing these prices again today? I have a theory! Short sellers were having ladder attacks back then, but the way they probably did them was the following:
Let's say hedgefund A and hedgefund B are colluding to bring the price down. Since there are no shares available to borrow, A buys 1000 shares and lends them to B. B then shorts those shares but makes sure that A is the one buying them. A lends these shares to B again and B shorts them again. This continues until the price gets down to the desired level. This artificially increases the short interest of GME, but in reality, only 1000 shares have been changing hands. If you look carefully, you see these shares that are being traded in the above screenshot have slightly different prices.
Here is the thing: these short-sellers are probably unwinding the previous ladder attacks now to reduce the artificial short interest they have previously created! The fact that there are not many shares to borrow even though short interest "in theory" seems to be going down also proves this! I'm baffled by how dumb these short sellers are to actually use the prices that they used to create those ladder attacks! They are not even trying to hide their tracks at this point!
Now you might ask "what if all of the short interest is artificial?... keep reading on reddit ➡
Hi! This is my attempt to measure the world of Teyvat as of version 1.3. I wrote a Google Docs detailing my measurement studies. If you are interested, please see the link below:
I made several location comparisons to Earth, albeit these are mostly based on Metro Manila, Philippines. However, since I also reported the metric unit equivalent, I hope you can have some fun imagining Teyvat vis a vis the real-life locations you are familiar with.
PS: The Table of Contents and the other Tables all have working links. So I hope this adds to your convenience. PPS: I did not make a TL;DR because you could just click to jump straight to the Conclusion section using the TOC.
Edit: Thank you for all the awards and upvotes and comments! I wasn't expecting much interest when I posted this yesterday honestly.
Over the past 24 hours I have seen around half this sub ask what price others think this stock will go up to. No one knows, no one has an exact answer to that and the best people can do is give estimates.
I am a very serious investor in this stock (61,400,000 shares, past posts show screenshots with proof of this) and I wanted to point out some potential down the line outcomes.
Personally I think the best way about this is to show proof on the ways that the stock could potentially go up in the future and what ranges of price that will lead to.
The Phases of HCMC stock
― Quarterly revenue of $3.24B up 53% year-over-year; Full year revenue of $9.76B up 45%; quarterly and full year net income more than doubled from prior year ―
AMD smashed its 4th quarter EPS and revenue consensus. EPS turned out way higher due to a tax benefit.
Revenue: $3.24 billion (+53% yoy) vs. $3.02 expected
Diluted EPS: $1.45 (+867%) vs. $0.47 expected
Net Income: $1.781 billion (+948%)
I'll make this short and clear. To determine if the squeeze is happening we keep track of the short float estimates posted by different sources. Because remembering all possible estimates gets a bit annoying I wanted to compile together a list of the various sources of short float estimates. So far I have S3, GuruFocus, Ortex and Marketwatch.
Here is a picture of the file I am putting together, if you have any addition or corrections I will be happy to update it and find a way to share it with you all.
TL;DR: Do you know any other sources for short float estimates?
Edit: This got larger than I expected, just FYI, I am no expert on the matter so I welcome any comments that may explain if I am doing something wrong and how to improve on it. At the end of the day this is not for statistical analysis, just to simplify ease of access to the numbers.
Pretty much already asked the question so nothing to add here.
EDIT: WOW this really blew up. Thanks for sharing your views and for my first award!
This story is from when I was in business school ~10 years ago.
My wife’s Lexus starting making a funny noise that sounded like it was coming from the exhaust. She took it in to the Lexus dealership and they gave her a quote of ~$2,500, they were going to replace the entire exhaust system. I told her to go get a 2nd opinion, before she did anything.
She took it to another mechanic a friend recommended and they quoted her $450. I got on the phone and asked them what exactly was wrong and they said “there is a small hole in the tailpipe”. I pushed and asked, “couldn’t you just cut the part of the pipe off and replace that section alone...or find another simple solution” The guy said probably, but they wouldn’t do that kind of work.
I told my wife to wait and we would take it to a muffler shop I knew about and see if they would do it. We stop by on a Saturday morning, explain what is going on and he says come back in the afternoon. We come back and I ask him how much. He says “$20, it only took about 15 minutes to fix”.
Every once and awhile I think about this story and how we almost got taken for $2,500. Thought this group would like to hear this story and I’d love to hear others share their car repair stories.