Day 8 of the EVFM Short Squeeze (morning post)

Disclaimer: None of this is investment advice. The logic here may be bad and should not be relied upon. My assumptions may be bad and should not be relied upon. This post reflects my opinion. I may hold positions in securities I write about, and I believe in what I write.

It sure looks like the bears are trying to force this thing down before the West Coast Wakeup. You know, the time when people out here have gotten out of bed and looked to see what’s happened in the world. Today’s high so far is $1.30, which is the highest it’s been since the 1-for-15 reverse split. And it’s now trading at $1.18.

I posted yesterday that I didn’t think that $1.20 would break the bears, and it hasn’t. But the goal I see for this stock to be safe is the 10 days of consecutive closes at or above $1.

With higher prices, it’s getting more expensive to borrow shares. How far will the bears go to limit the price of this stock?

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About raabidfun

I'm a guy living the #raabidfun lifestyle. I figured I would create a blog about crossword puzzles I do. The idea is to do the NYT crossword and the WSJ crossword daily as much as I can. That includes when I don't finish and have clearly failed. They can be difficult. Also I am not an attorney, and any legal analysis in this blog reflects my interpretation, which means it can be flawed and should not be relied upon for use in legal matters (especially against me).

1 thought on “Day 8 of the EVFM Short Squeeze (morning post)

  1. Dam

    What’s a guy gotta do to preserve womens rights around here?!

    Day 2 over $1 looking good, but stay alert for shenanigans!


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