Florida Man Finance

Only trader in the world with a Bloomberg Terminal in their meth lab. #TrustTheData

[Florida Man Finance @FloridaManFin]

😂 This is hilarious

[Category5Hodl @Category5Hodl]

@FloridaManFin @NYSE @Nasdaq https://t.co/Qa7omrlmLB

[Florida Man Finance @FloridaManFin]

@Category5Hodl @NYSE @Nasdaq ... that candle 👀

[Florida Man Finance @FloridaManFin]

I didn't even notice that $WOLF got added to the NYSE RegSHO Threshold List on Monday.

If we assume 51.51m shares outstanding, that means the stock has carried a minimum of 257,550 failure to deliver shares for 5 consecutive trading days. At the current $67/share price, that's around $17m worth of FTDs.

The latest FTD data we have from 5/14 showed 631,268 shares @ $62.60/share ($39.5m), a lucrative number for a stock with a float/SO of this size.

If $WOLF can muscle another couple days of double digit gains while remaining on the RegSHO list, that would imply that there are some FTD holding short sellers that are quite underwater and at risk of getting squeezed in a big way (assuming this isn't some type of situation where they are protected by existing warrants). Should that play out, I don't know what else would be needed to send this thing into orbit...

- You almost never get 100-150% short float.
- You rarely get $40m worth of FTDs on a barely mid-cap stock ($3.3b market cap), LET ALONE a $17m RegSHO designation (minimum).
- You rarely get any of that in a company with an important footprint in the most booming sector in modern history (semis).
- You NEVER have all of those at the same time.

+11.5% on the day currently 👀

[Florida Man Finance @FloridaManFin]

Feels like I'm beating a dead $WOLF here 😅 but I enjoy trying to sniff out lucrative short data situations more than anything when it comes to trading. And what do ya know... the latest exchange-provided short data is out for 04/30 -> 05/15 and it's only making it harder to look away from this stock and move on. So I'm gonna data/thought dump about it some more:

Share Price:
- April 30th: $23.22/share
- May 14th: $62.60/share (+170%)
- Today: $55.70/share (-11%)

Short Interest:
- April 30th: 16.1m shares
- May 15th: 27.7m shares (+72%)

Failure To Deliver:
- April 30th: 2.3k shares x $23.22 = $59.5k
- May 14th: 631k shares x $62.60 = $39.5m (+322%)

Free Float (Effective):
- @DilutionTracker: 19.6m shares (unchanged)
- @finviz_com: 28.7m shares (unchanged)
- @fintel_io: 23.6m shares (unchanged)

For the sake of illustrating myself beating this dead $WOLF, let's just take all of those reported float numbers and do the math to determine the number that people usually care about most in these types of potential squeeze scenarios:

Short Float %:
- @DilutionTracker: 141%
- @finviz_com: 97%
- @fintel_io: 117%
- SEC Filings: 150%

(IMPORTANT - This data dump leaves out several rather nuanced factors which were debated in quite a bit of detail a couple weeks ago in the thread below courtesy of @Category5Hodl + @RuhRohRaggy99)
https://t.co/KRzWXMzJk0

Given that in any other scenario, this type of short data would have already triggered every alarm known to short squeeze fanatics and most likely spiraled out of control/into a full-blown $CAR type of situation... I think it's probably safe to assume that said factors are having quite a bit of gravitational impact on the $WOLF price action and stifling its ability to string together consecutive days of big intraday gains.

That being said, the stock has swung pretty violently up and down on several different days in the past couple weeks, supporting the notion that the float is very much constricted and is in turn amplifying volatility considerably.

I can't quite figure out if this is in fact the powder keg I want to believe it is, or if it's actually the perfect trap setup to lure in someone like me that looks for these types of plays. In the last 5 or 6 years though, I can't say I've seen a single stock that carried a LEGITIMATE short float above 80% that failed to giga-squeeze once it reached that point, so I'm finding it hard to believe that this is the exception to that rule, especially when its entire sector is on a generational run as well.

/yap

[Florida Man Finance @FloridaManFin]

The way that I approach RegSHO listings very likely misses more than 1 element of the settlement process/motivations by FTD-holding parties, but it's basically that I only care about RegSHO designations (and large FTD numbers for that matter) if:

A) For large FTDs: The stock is trading at at least 5-10% higher than the closing price on the most recent reported settlement date for those FTDs (i.e. 5/14 for the current window).

B) The closing price on the settlement date 5 trading days prior to the RegSHO designation being levied (i.e. 5 trading days prior to being added last Monday).

My logic is simply that I'm looking for a short squeeze spark with these, and if the FTD holders are "in the green" in the sense that they clearly have failed to deliver the owed shares because they expect the price to be cheaper at a later date and thus aren't underwater. In my mind this explains why the FTD totals can eb and flow by large quantities every few days as short sellers are just choosing not to deliver for whatever reason (I assume just as a means of naked shorting the stock).

Like I said, I'm probably missing some nuance there, but in my 6 years or so of very closely tracking RegSHO designations and successfully trading several big short squeezes using that as a primary factor, it seems very rare that you have a situation where a RegSHO'd stock remains on the list because the largest FTD holders are unable to settle them via lack of shares.

[Florida Man Finance @FloridaManFin]

$WOLF 👀

[Florida Man Finance @FloridaManFin]

I didn't even notice that $WOLF got added to the NYSE RegSHO Threshold List on Monday.

If we assume 51.51m shares outstanding, that means the stock has carried a minimum of 257,550 failure to deliver shares for 5 consecutive trading days. At the current $67/share price, that's around $17m worth of FTDs.

The latest FTD data we have from 5/14 showed 631,268 shares @ $62.60/share ($39.5m), a lucrative number for a stock with a float/SO of this size.

If $WOLF can muscle another couple days of double digit gains while remaining on the RegSHO list, that would imply that there are some FTD holding short sellers that are quite underwater and at risk of getting squeezed in a big way (assuming this isn't some type of situation where they are protected by existing warrants). Should that play out, I don't know what else would be needed to send this thing into orbit...

- You almost never get 100-150% short float.
- You rarely get $40m worth of FTDs on a barely mid-cap stock ($3.3b market cap), LET ALONE a $17m RegSHO designation (minimum).
- You rarely get any of that in a company with an important footprint in the most booming sector in modern history (semis).
- You NEVER have all of those at the same time.

+11.5% on the day currently 👀

[Florida Man Finance @FloridaManFin]

@Category5Hodl I wish the @NYSE and @Nasdaq would just combine their lists, but for $WOLF it’s listed here (on weekends you have to change the date back to the prior Friday to see the latest):

https://t.co/Udbf2drXTR

It looks like it was added last Monday.

[Florida Man Finance @FloridaManFin]

@mikealfred Just make shit up lmao pulling $315k out of your ass

[Odd Diligence @OddDiligence]

So much AI slop by SPAC tourists like this one. None of the unlocked shares are registered.

$brun

[Florida Man Finance @FloridaManFin]

You know it was a bloody red day when you get follows like this 😅🙏

[Florida Man Finance @FloridaManFin]

@Category5Hodl Heh can't squeeze on a day like today 😅

[DOJA CAT @DojaCat]

hey elon if u see this please put the audio post feature back on here. Thanks, u frog build looking bitch. Barrel chested ewok u look like u eat sand.

[Florida Man Finance @FloridaManFin]

And this opening price action in the last 10 mins demonstrates what I was talking about with the violent up/down trading despite no news from the company, courtesy of the semis sector continuing its historic ramp.

But with a short float of somewhere between 95-150% you'd think this would have at the very least garnered the same type of attention that absolute doodoo like $SPCE (100m shares float / 25% short) has gotten since last week and strung together multiple consecutive days of double digit gains as a result...

[Florida Man Finance @FloridaManFin]

Feels like I'm beating a dead $WOLF here 😅 but I enjoy trying to sniff out lucrative short data situations more than anything when it comes to trading. And what do ya know... the latest exchange-provided short data is out for 04/30 -> 05/15 and it's only making it harder to look away from this stock and move on. So I'm gonna data/thought dump about it some more:

Share Price:
- April 30th: $23.22/share
- May 14th: $62.60/share (+170%)
- Today: $55.70/share (-11%)

Short Interest:
- April 30th: 16.1m shares
- May 15th: 27.7m shares (+72%)

Failure To Deliver:
- April 30th: 2.3k shares x $23.22 = $59.5k
- May 14th: 631k shares x $62.60 = $39.5m (+322%)

Free Float (Effective):
- @DilutionTracker: 19.6m shares (unchanged)
- @finviz_com: 28.7m shares (unchanged)
- @fintel_io: 23.6m shares (unchanged)

For the sake of illustrating myself beating this dead $WOLF, let's just take all of those reported float numbers and do the math to determine the number that people usually care about most in these types of potential squeeze scenarios:

Short Float %:
- @DilutionTracker: 141%
- @finviz_com: 97%
- @fintel_io: 117%
- SEC Filings: 150%

(IMPORTANT - This data dump leaves out several rather nuanced factors which were debated in quite a bit of detail a couple weeks ago in the thread below courtesy of @Category5Hodl + @RuhRohRaggy99)
https://t.co/KRzWXMzJk0

Given that in any other scenario, this type of short data would have already triggered every alarm known to short squeeze fanatics and most likely spiraled out of control/into a full-blown $CAR type of situation... I think it's probably safe to assume that said factors are having quite a bit of gravitational impact on the $WOLF price action and stifling its ability to string together consecutive days of big intraday gains.

That being said, the stock has swung pretty violently up and down on several different days in the past couple weeks, supporting the notion that the float is very much constricted and is in turn amplifying volatility considerably.

I can't quite figure out if this is in fact the powder keg I want to believe it is, or if it's actually the perfect trap setup to lure in someone like me that looks for these types of plays. In the last 5 or 6 years though, I can't say I've seen a single stock that carried a LEGITIMATE short float above 80% that failed to giga-squeeze once it reached that point, so I'm finding it hard to believe that this is the exception to that rule, especially when its entire sector is on a generational run as well.

/yap

[Florida Man Finance @FloridaManFin]

$WOLF this is still living rent free in my head...

All of the main short data sources are reporting different numbers but any of them could be correct and you'd think this thing would be even more nuclear than the +10-12% open on a morning like this🤔

[Florida Man Finance @FloridaManFin]

Would love to hear some more input from anyone that has actual knowledge to contribute instead of just drooling bull phrases and rocket emojis.

[Florida Man Finance @FloridaManFin]

@RodAlzmann #RaysUp

[Florida Man Finance @FloridaManFin]

$WOLF this is still living rent free in my head...

All of the main short data sources are reporting different numbers but any of them could be correct and you'd think this thing would be even more nuclear than the +10-12% open on a morning like this🤔

[Heisenberg @Mr_Derivatives]

The year is 2037. The US and Iran have extended their ceasefire for another 60 more days for a total of 4,015 days.

The $SPX sits at 25,069.

#timestamped

[*Walter Bloomberg @DeItaone]

TULSI GABBARD RESIGNS -FOX NEWS

[Florida Man Finance @FloridaManFin]

$WOLF I meaannnnn...👀

[Florida Man Finance @FloridaManFin]

👀

@DilutionTracker has the $WOLF float at 18.4m shares.

Per the most recent exchange data we have from 2 weeks ago, $WOLF short interest is 16.1m shares (87% short float)🤯.

$7m in FTDs as of 4/10.

Shares up over +100% since then.

How is no one highlighting these crazy #'s?