/biz/ - Business & Finance

>>53986785
>esl
burgers literally got triggert by the fact there are people out here speaking more than one language, which is unimaginable and an uber complex concept for them, since their education system is not advanced enough to teach such magic to the US low IQ breeds.
many such cases.

>>52833865
shills are flat.

>>52833876
no

>>50708594
it may well be that the "guy" isn't a physical being

Ok guys, lets think this trough in simple therms and avaliable data:
>ortex says utilization is 100%
>yahoo says Short % of Float (Jun 29, 2022) is 19.88% (assume 20%)
>split this week
so if I get Ortex right, and 100% of shares available for shorting it are used, that would mean, 100% of shares are in in someone's possession (Insiders, Holders, whatever). At least 20% (roundet it...) are short which can be counted as 20% more shares outstanding than available.

Lets take A as the total amount of shares, for this example we assume this is 100 shares
B is the shares short, in this example 20% of 100, so 20 shares.
C is the amount of shares that will exist in public (not the 1B shares GS has in its backoffice) after the split, thats 400 (A * 4) shares
D is the amount of shares that are needed by MM to fullfill the split, thats those 400 (C) plus 4 times the 20 so it is 480 shares.

Now: Since 400 shares are in someone's possession (C) there is a need for another 80 shares (D - C), which means: if the short-% is "just" 20%, there will still be an immense run on shares, since eighter they close the short to not be obligated to return 3 additional shares, which will push the price up (close short == buy) or they buy additional shares to return the divisplit. And dont forget about this: A share returned has to be bought again to return multiple times, so if they return a share that will not be sold again, they have to find someone else willing to sell, and that is simple supply & demand, which drives the price higher since demand is higher than supply. Easy.

Worst that can happen is, that they have some T+"two weeks" (probbably 35 days) after the split to find shit, but this would mean two weeks of greener and greener numbers (only way they could make people sell, pay more). So how long can we hold is the question (pro tip: Ever was).

I am looking forward for the next two to three two weeks, only selling for clowinsh numbers.

tl;dr; comfy as fuck.