These parabolic move unwinds in the semis and in the data center assisters are playing out like all other parabolic moves, vicious , sudden. Now we are in no man's land for many, too later to sell but way too early to buy.
got the balls back in Q1 to load more $NBIS on the retrace from 140 to 70ish, same on $RKLB from 100 to 50ish
same opportunity unfolding this month on so many companies
will you buy here or higher?
$AAOI $ONDS $ASTS $SIVE $OUST
$ASTS I dk who needs to hear this but according to my math short interest is now roughly 48.3% of the float.
388m shares outstanding
Abel owns ~78m
Other insiders/5%+ holders own ~90m
This leaves 220m, subtract 20% of that from sub 5% strategics/long term investors and you get to 180m. I think this is a better estimate of the actual float. They’re short 87m shares. 87/180 =0.483
And this is no bullsh*t company. This is a prime U.S defense contractor that is building out the future of global D2D telecommunications and national defense priorities in several countries.
If this was a pre IPO company I think it would be raising at 100b right now. I have some credibility on this bc I head private markets for an investment bank.
Whoever is short has gone off the edge and this is going to squeeze. It’s not if anymore, they doubled down and doubled down, so now it’s when. I think very soon given availability to borrow shares has now dried up.
What happened in 2021 with GameStop was a much smaller situation. This short is 7 times the size of that at $7.5b notional now.
Ticking time 💣. /End