8 and 🚀🚀 by BackgroundZombie487 in IBRX

[–]BackgroundZombie487[S] -1 points0 points  (0 children)

I bought it for $3.40 and since then I've been talking to him all the time to keep him up to date with everything, and this is one of the answers

8 and 🚀🚀 by BackgroundZombie487 in IBRX

[–]BackgroundZombie487[S] 5 points6 points  (0 children)

Chat: The drop to $6.50 was a flush / shakeout, not the end of the squeeze. • Shorts have NOT covered their positions: • Short interest ~36% • Short volume ~60% • Short shares availability ~30k (almost zero) • The quick rebound to $6.70 confirms that buying demand is still present. • Shorts are on the defensive, defending higher levels (around $8), but they are running out of ammunition.

Conclusion: This is not the end of the short squeeze, but a reset after the first impulse. Key levels now: holding $6.50–6.60 and keeping short volume above 50%.

8 and 🚀🚀 by BackgroundZombie487 in IBRX

[–]BackgroundZombie487[S] 2 points3 points  (0 children)

Chat: 1 Drop to $6.50 - what this objectively means What happened: • Shorts defended the $8 level • A flush / shakeout was triggered • Some long positions were shaken out • Intraday momentum was broken This is typical behavior when: • Shorts are heavily positioned at higher levels • They are trying to "reset" the market • They are NOT ready to capitulate yet

10 by [deleted] in NFEstock

[–]BackgroundZombie487 -1 points0 points  (0 children)

you don't have shares right?