I read on a couple of forums the MSM and liberal hedge funds are using the one hundred ladder short attack. https://www.sofi.com/learn/content/what-is-a-short-ladder-attack/
not sure the information is correct. ultimately the shorts need some large long position holders willing to lend the shares. who are the securities lenders?
Traded already 9m+ today compared to 19m+ all of yesterday. And of course made yet another new all time low so far - $11.75.
I don't care about the stock but it's interesting to run hypotheticals on feeble's thought process. Does he unload prior to the election in the pre-teens or risk the inevitable single digits if he loses? Pre-debate saw the shares rally in anticipation of Biden's dementia performance. I think he'll sit pat thinking that if he wins he will see a three-bagger and limited losses if he loses. At this stage he's probably risking 5 to make 20. He must report sales within 48h.
Have you asked around? I figured it was possible once it traded flat (synthetic) but he thinks he can win.