No problem Drawn...I understood. Actually your Post is for everyone. Very good take on the short interest. Never have been an ardent fan of the short squeeze (fortunately have been ridden a few up...lol). That AH trade I mentioned has me wondering. First, was that really a Cumulative posting from regular session or what ? Trying to imagine that kind of liquidity in AH for that many shares is what perplexes me...but oh well !
I appreciate your input. Some good things to think about. By the way did you notice how both Silver and Gold ended trading on Friday ? Both were at the Highs of the day. Take a look at the Spot charts you will see what I mean. Sorry for being all chopped up here...kind of on the run ... enjoy that coffee...later.
Looks like no retail is interested in HL ... lol !!!
BTW I am in at 3.05 ... Friday nite in AH it hit 3.15. Silver closed at High of the Day at 5:15 PM when it closed. We are still on !
Won't move the needle one bit, B. It is an opportunity for the Boiler room operation to have a free lunch and to review possibilities for Naked Shorting ploys to steal more of your money. They look at HL Options and laugh at the little money there. Maybe they will Beef Up options. Just be careful if you buy Calls...some fat guy immediately Shorts 100 shares of actual stock for every Call you would buy. Then they high five each other and LOL at your expense !!! Ha hahahaha...that is what Goldman is all about.
Bagholders all over the place. LoL check out the News.
This all sounds good, however there is one fatal flaw here, IMO. That flaw is that HL has to take out the High of the Day, which is $3.14. Very rarely does HL take out the High of the Day, so your target may be muted. Not trying to be disagreeable here, just an observation. Also on Level 2, I can see the volume has slowed at this $3.14. Anyway, not a bad day overall...guess we will see how she closes...good luck !
Yeah 2.80 would be scary, but would come roaring back. I have bought it down there before, as PM prices were actually lower than now. I put a position on yesterday on HL and doing fine today with it.
LoL on this getting to 12 Bucks...cannot even approach 11.50 without the Heebie Geebies !!! But you will know when the Next Options are getting dumped...as this SAILS past 12.50 on the way to 13 !!! Red Flags abound at that point ~!~~!!
Very true Trader. Can you imagine how many mines would be closed at that point ? Yup all of em !!!