I'm sick of watching these morning pops and then going in negative territory.
Who's the moron selling here.? Shorts and day traders been having lots of fun. Not sure for how long though. They are soo comfortable I'm sad to say the truth and nothing is going to change this status quo until some major news breaking.
Turn off the screen and come back in 6 months to a year... if you are long... if you were looking for a quick buck you should buy the dips (today) and sell the pops (likely tomorrow)... otherwise, no worries, just don't fret it, it's been doing this for the last 3 months now...
Question is how many more shares can they short? Do they have unlimited fund to short? Is it true that there are still unlimited shares available for them to short? What's the gain they can get from shorting a 14+ dollar stock vs other stocks that is currently at 200+ and 400+ like Apple and Amazon.