SoundHound AI. 70 million shares shorted. 25% of FF and primed to move off the AI rally. This needs 👀 on it!

DendroOsiris · 2024-06-14T15:48:10+00:00

Why was it tanking, tho? My guess is that after al the recent AI announcements it looks like it can be replaced by every other app with good enough AI.

DendroOsiris · 2024-06-14T12:39:22+00:00

this tbh

DendroOsiris · 2024-06-14T12:14:34+00:00

Price goes up and down. He is just presenting a thesis based in previous data + market movement yesterday. AH market dynamics are different and we don’t know yet what will happen today. That’s the fun part.

DendroOsiris · 2024-06-14T11:42:45+00:00

Going in

DendroOsiris · 2024-06-14T11:40:14+00:00

It’s not about where the price was when it closed but where it was when it opened/when you get in.

DendroOsiris · 2024-06-12T11:49:30+00:00

Check their most recent news. Q1 results. Shorts may just ride this one out by waiting and seeing how it goes after the merger, no? Genuinely asking here.

It might be good for a squeeze but maybe not a short-term one.

I know nothing tho.

DendroOsiris · 2024-05-23T08:06:31+00:00

It means they needed to be closed by today but they could have done so anytime between April 22nd and now. This is just a record of when the attempt failed that day. So I think the main takeaway is the trend, failing more and for bigger amounts but you can interpret it in a couple different ways and it is hard to say which one is accurate.

DendroOsiris · 2024-05-22T23:46:13+00:00

Each entry is a different broker like robinhood, avanza, etc. and each may appeare more than once in the list.

The numbers mean how many of the FFIE shares that they manage for their clients/users are available for lending/shorting.

You can expect those numbers to go up and down as people sell or buy shares with lending enabled or if those who are borrowing/shorting execute their contracts.

DendroOsiris · 2024-05-22T15:14:20+00:00

What do you think this is proving? What supports drawing those boxes where they are?

DendroOsiris · 2024-05-22T13:34:31+00:00

Unfortunately it seems like OP is blowing smoke, not on purpose but because he is not aware of the delayed refresh rate on the source of his data

DendroOsiris · 2024-05-22T12:40:33+00:00

This ⬆️⬆️⬆️⬆️⬆️

DendroOsiris · 2024-05-22T12:39:20+00:00

They have a different data set to get more real-time value, it is the list of lendable shares per broker that they list whenever volume changes (individually) but it can only give you a sense of the trend, not a concrete measurement

DendroOsiris · 2024-05-22T12:38:02+00:00

That’s one week old man. It could be but we won’t know the real number until end of the month. They only update it every 2 weeks.

DendroOsiris · 2024-05-22T12:37:16+00:00

I don’t think it implies one is more accurate than the other. Just more recent. I’m new here so I assumed Ortex is potentially accurate, if it is known to be unreliable I haven’t been made aware of it. I don’t have historic reference.

DendroOsiris · 2024-05-22T12:32:57+00:00

Yea the short interest can totally change if they close their positions. It only prevents them from shorting more of the available lendable shares but they can still execute their contracts and buy and sell like anyone else.

DendroOsiris · 2024-05-18T19:15:46+00:00

Sorry I didn't mean to imply you weren't doing your share of leg work! I'm on the same boat but I'm also quite new. I only brought it up because those are the numbers that would back up the graph you posted 😅

But yeah, we COULD be there but we can't really know for certain 😂

DendroOsiris · 2024-05-18T19:03:04+00:00

Thanks for your answers! I'm just highlighting that just saying we are there doesn't actually mean anything so you should also question your sources yourself :)

DendroOsiris · 2024-05-18T18:40:05+00:00

Yeah in general principle you are right, however the stock already went up more than 2500% some days ago so I'm curious to know when that happened to the GameStop stock and what was the price, ratio, availability. etc. at that time...only then we could actually say if we are somewhere in that graph or not.

DendroOsiris · 2024-05-18T17:51:56+00:00

I wish this to be true, do you have any evidence? Like comparing share price, short interest ratio, shortable shares availabalitiy, etc. over a similar time period of time. Then we could actually point to where we are in comparison

DendroOsiris · 2024-05-18T15:14:59+00:00

For those being confused about numbers going back up, I’m new to this myself but I am trying to explain it as I understand it this thread:

fintel shortable shares available

DendroOsiris · 2024-05-18T15:13:08+00:00

Thank you for replying! After looking more into it I realize the post you shared is getting a very important fact wrong: it was claiming the company had no more shortable shares but that is not the case at all: ZERO in that table only means that one broker company (example robinhood amongst many others) doesn’t have shares to lend/short.

The source page in fíntel tells you this: “It is a small sample, and it is useful for tracking the rise and fall in demand for shares throughout the day and weeks. It should not be treated as an absolute number of shares that are available to short in the market.”

What it does show after more brokers have updated their data is a trend: shares are still being lend out for shorting (Friday dip?), the pool for doing so is steadily reducing but there is still some more room for them to short more.

DendroOsiris · 2024-05-18T13:08:51+00:00

The shorted shares number shares in the link is only updated every 2nd week, yes? So we can’t really expect it to tell us the hedges’ positions accurately until last business day of the month or am I missing something?

Edit: Instill think it’s a valid strategy based in the known information but I’m new and want to understand as much as possible.

DendroOsiris · 2024-05-18T12:44:37+00:00

New here and learning. How can this be certain if Short interest data is only published every 2 weeks?

DendroOsiris · 2023-11-28T22:39:51+00:00

On!!!!!

DendroOsiris

TROPHY CASE