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posted ago by Greatheart ago by Greatheart +20 / -0

With all the retail investors and the massive volume this should be easy to borrow.

Unless of course everything available to borrow is already borrowed and shorted.

BTW (HB) hard to borrow means you can't borrow the stock to short because there are no shares available. A broker sells you a stock. That broker then makes that stock available for others to short. The broker itself may short the stock to sell to you in the first place.

Comments (17)
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Bgtholt88 3 points ago +3 / -0

Very believable. I’m sure shorts were on the attack when halting occurred. If you are holding the stock don’t be surprised to see some price dip next week. If you are looking at is a long term investment, there should be some good opportunities to get some cheaper shares.

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ZerroDefex 2 points ago +2 / -0

When I saw it rocket this morning I had a hunch something like this would happen. I just didn't expect them to drag it down so much in a single hour, this thing is the last several months of GME on 10x speed!

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Bgtholt88 3 points ago +3 / -0

I think this thing could be the most volatile stock ever. It has so many factors influencing it. Legal, moral, political, business, the actual merger (SPACs were hot and controversial last year), mainstream media will be involved, conspiracy, Q, and retail traders are really starting to figure out the games wallstreet plays.. I mean it’s a pretty perfect storm. I’m excited regardless.

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bubble_bursts 2 points ago +2 / -0

So one way to ensure the brokers dont borrow existing stocks to short is by doing something called DRS also known as DWAC

And yesterday we saw what looked like heavy shorting activity. And today they are reporting that this stock is HB.

Seriously, is this a coincidence?

I think Trump is hinting BIG time that DWAC is all about exposing the short selling scam to control prices. The fact that they brought it down to higher than previous days close tells us they are having a really hard time shorting it down since the demand is just too much and most people are just hodling it.

I surely hope this is the end game, cant take too much of knowing everything but sounding like a crazy person if I talk about it.

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QuestGiver 1 point ago +1 / -0

My guess is there’s a lot of shorts already in.

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brxn 2 points ago +2 / -0

I think this is one I'm going to buy more of every week regardless of price.

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Greatheart [S] 1 point ago +1 / -0

I hope so.

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scyenceFiction 1 point ago +1 / -0

At about 10:30 this morning.

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BeerMan 1 point ago +1 / -0

💎🙌

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BigMikesSaggyBaggins 1 point ago +1 / -0

I'll see if I can find the link where I read it, but apparently they are over 300% in shorts on this...say it with me, CRIME.

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bubble_bursts 1 point ago +1 / -0

Would love to see the link

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LessSwampMoreMAGA 1 point ago +1 / -0

What’s the strategy behind the DWAC, DWACW, and DWACU? Would anything about this help identify manipulated stock?

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bubble_bursts 2 points ago +2 / -0

So there is a easy way to pull the rug under the manipulators. They can decide to reissue a different stock ticker for each of DWAC, OR they could decide to offer a digital NFT for each share owned. When that happens there will be a counting of the share and who owns what, and it can easily expose who is doing all the shorting.

There is precedant to both.

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MyDaughtersDaddy 1 point ago +1 / -0

Did they offer you money to loan out your shares?

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Greatheart [S] 1 point ago +1 / -0

?

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MyDaughtersDaddy 1 point ago +1 / -0

My broker often offers money to allow share to be loaned out to those wanting to short. It actually amounts to fairly decent money. Thousands of dollars a year. I have never wanted to participate, but don't give up share for nothing.

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Greatheart [S] 1 point ago +1 / -0

I know what it is. I was wondering why you were asking. It is a little too early for brokers to be offering interest payments (or whatever they call it) for something bought within the past day or two.

I do not believe the transaction is considered complete until 3 days later.

The short side tries to keep their activity on the down low. Something like that would be a dead giveaway. Plus the broker can just short your shares anyway. At least they can do that in a margin account.