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  1. Bassmaster96
    Bassmaster96 is offline
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    #1 02-24-2021, 07:18 PM
    Why is it going up right now? I thought the pump was over
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  2. mastergun
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    #2 02-24-2021, 09:04 PM
    Quote Originally Posted by Bassmaster96 View Post
    Why is it going up right now? I thought the pump was over
    Honestly, not sure. Read some saying its hedge funds covering their shorts. Prior to all of this starting it was shorted over 100%. It closed regular trading at $91, went up to around $190 in extended trading. When I got on it was trading around $170 went up to about $180 and back down in the last 10 minutes. I sold just prior to extended hours closing.

    There hasn't been a real catalyst that I'm aware of recently except for them firing the CFO early this week.
    Last edited by mastergun; 02-24-2021 at 09:10 PM.
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  3. Bassmaster96
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    #3 02-25-2021, 07:25 AM
    Quote Originally Posted by mastergun View Post
    Honestly, not sure. Read some saying its hedge funds covering their shorts. Prior to all of this starting it was shorted over 100%. It closed regular trading at $91, went up to around $190 in extended trading. When I got on it was trading around $170 went up to about $180 and back down in the last 10 minutes. I sold just prior to extended hours closing.

    There hasn't been a real catalyst that I'm aware of recently except for them firing the CFO early this week.
    Agreed. Good idea to sell for sure, glad you did well on that trade
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