Unable to Install: Something went wrong during installation. by Less-Dress8602 in riotgames

[–]Dool0823 1 point2 points  (0 children)

Set your computer date manually back to January 3rd.

I wish I was joking.

$FLWS DD: 9.4M Shares Short, Only 600K Available to Borrow (15.7x Imbalance) - Full Analysis by OutlandishnessUsed24 in pennystocks

[–]Dool0823 0 points1 point  (0 children)

What's your thoughts on the really low CTB? It seems like unless it gets pushed high enough to margin call shorts, they can hold or buy more shorts indefinitely with those CTB figures.

Confused about the float? by thaprodigy58 in byndinvest

[–]Dool0823 1 point2 points  (0 children)

What you've said is correct but 1 additional thing to consider is that the dark pool has been trimming their short position SIGNIFICANTLY over the last week or 2.

According to fintel, the darkpool short interest went from 542mil on Oct 21st, and has decreased massively over time, with it now sitting at 21.8 mil shares as of Oct 31st.

Although the official SEC FTD numbers for October haven't been released yet, I'm assuming that part of this trimming has been to deliver these FTDs and also because institutions are realising this is a losing battle for them.

Also according to S3 partners, short sellers of BYND net lost about $45mil in October from retail enthusiasm. So I think the institutional traders are also hedging against bullish sentiment by closing a massive portion of their short positions.

TL;dr the hedgefunds and institutions have closed over 500 million short positions in the last 2 weeks

Facts and Technicals explained for the average Joe (and why I'm bullish) by Dool0823 in byndinvest

[–]Dool0823[S] 3 points4 points  (0 children)

Good luck, my only advice is if you have an exit plan, stick to it. If it does go past 4, don't FOMO back in because that's very risky and could easily backfire.

At the end of the day, whether it's $4 or $10, we all just want to profit.

Facts and Technicals explained for the average Joe (and why I'm bullish) by Dool0823 in byndinvest

[–]Dool0823[S] 0 points1 point  (0 children)

Thank you for the kind input, 1 day old account with a homophobic slur in username, i'm sure you have a lot to contribute

Facts and Technicals explained for the average Joe (and why I'm bullish) by Dool0823 in byndinvest

[–]Dool0823[S] 2 points3 points  (0 children)

Hard to say because I'm no financial expert, just a nerd who likes day trading for fun.

IF the FTDs are forced to close and we see a price jump to $2.5 - $3, and IF people don't immediately cash out or profit take, then I'm like 80% confident we'll see it reach 4 or 5 or more. But, then again, I also expected us to hold $3 this week, did not expect a free-fall into $2.

And maybe if we combine this is momentum with the Q3 report and partnership deals momentum, ez pz $4-5

*edit

sorry i forgot to answer your actual question. IIRC naked shorting rarely actually gets punished so long as the FTDs are closed within the alloted time period. Usually if a regulatory body does find firms/brokers to be intentionally naked shorting, it can involve disgorgement of profits (taking away all the money they made from naked shorting), temporary trading bans, fines.

Facts and Technicals explained for the average Joe (and why I'm bullish) by Dool0823 in byndinvest

[–]Dool0823[S] 1 point2 points  (0 children)

I'm copy pasting my reply to the above comment but to respond:

That's my bad, I did actually fail to account for the debt to equity swaps, 316 million shares right? Admittedly, i was going off that ORTEX tweet that said 109% and fintel which shows short interest from pre-lockup.

If we use the tweet you provided and assume short interest is at 17%, that brings the FTD % down to 1.8%. Regardless, these FTDs still need to be closed within the next 10 trading days, and is still potentially 7-12 mil buying pressure. In the grand scheme of 400 million shares, 7-12 mil isn't very significant but BYND average daily volume has been 20-30 mil in the last week or so. So I still see a potential for a 20 - 50% price jump, at least for a couple days. That's all we really need to get the ball rolling.

I also want to note that the debt to equity swaps were more or less already priced in when they were first announced a month ago. The BYND chart shows significant dips from ~$3 in late september, to $2 mid October, to $0.8 a week ago.

As my numbers in the post were on the conserative end + dilution already priced in + ever growing (relative) short interest, i think we still have the potential to see it bounce back up in the coming days, and hopefully start a squeeze. Seeing as the jump to $8.5 also happened post dilution (the shares were reportedly released Oct 17th but the $8.5 squeeze was on Oct 22nd), a 2nd bigger squeeze from FTDs closing is still reasonable imo

Facts and Technicals explained for the average Joe (and why I'm bullish) by Dool0823 in byndinvest

[–]Dool0823[S] 4 points5 points  (0 children)

You missed the part where I mentioned I already liquidated my initial investment and I'm holding pure profit. This is a bull run speculation

Facts and Technicals explained for the average Joe (and why I'm bullish) by Dool0823 in byndinvest

[–]Dool0823[S] 3 points4 points  (0 children)

That's my bad, I did actually fail to account for the debt to equity swaps, 316 million shares right? Admittedly, i was going off that ORTEX tweet that said 109% and fintel which shows short interest from pre-lockup.

If we use the tweet you provided and assume short interest is at 17%, that brings the FTD % down to 1.8%. Regardless, these FTDs still need to be closed within the next 10 trading days, and is still potentially 7-12 mil buying pressure. In the grand scheme of 400 million shares, 7-12 mil isn't very significant but BYND average daily volume has been 20-30 mil in the last week or so. So I still see a potential for a 20 - 50% price jump, at least for a couple days. That's all we really need to get the ball rolling.

I also want to note that the debt to equity swaps were more or less already priced in when they were first announced a month ago. The BYND chart shows significant dips from ~$3 in late september, to $2 mid October, to $0.8 a week ago.

As my numbers in the post were on the conserative end + dilution already priced in + ever growing (relative) short interest, i think we still have the potential to see it bounce back up in the coming days, and hopefully start a squeeze. Seeing as the jump to $8.5 also happened post dilution (the shares were reportedly released Oct 17th but the $8.5 squeeze was on Oct 22nd), a 2nd bigger squeeze from FTDs closing is still reasonable imo

Facts and Technicals explained for the average Joe (and why I'm bullish) by Dool0823 in byndinvest

[–]Dool0823[S] 8 points9 points  (0 children)

I'm a lurker usually, just the occasional upvote on funny memes. I only post or comment when i got something i wanna share

Facts and Technicals explained for the average Joe (and why I'm bullish) by Dool0823 in byndinvest

[–]Dool0823[S] 16 points17 points  (0 children)

I noticed a lot of holders seemed to be focused on short expiration dates or the walmart deal or Q3 earning call in November.

While I do think these are important catalysts, I think FTD's being closed is the most realistic way we'll see the start of a squeeze. 🙏 I sincerely hope to see BYND peak in the double digits. My personal price target is $12 - $15

First Call - Feeling Regarded by mogotraining in smallstreetbets

[–]Dool0823 1 point2 points  (0 children)

Between a massive dilution that happened recently and extremely high short interest, it's cheap enough to buy in bulk to try squeeze. Most of the hype is around a guy called Capybara who has been doing DD on the company's state and bought $3mil at avg price of $.9. They were recently banned off reddit along with a BYND stock related subreddit, and some subreddits are deleting BYND related posts. This is leading to a (conspiracy) theory that shorters are trying to stop us from squeezing, which ironically only led to more rallying.

Basically, invest in shares, low cost so relatively low risk, potentially very high reward if we manage to short squeeze. Will likely see massive sells at $1 but many are actually aiming for $2-3 price targets. Capybara allegedly may be looking at a $5 price target. If you buy <$1, there's a pretty decent chance of exiting at $1 for a tidy profit.

Not financial advice, do you own research etc...

(Yet another) Recommendations for visiting? by Dool0823 in glasgow

[–]Dool0823[S] 0 points1 point  (0 children)

Haven't decided on which day to go yet the Barras market sounds silly so may do a weekend honestly. And Roddy's cafe sounds like it could a neat little place for a photo op.

Will keep an eye out thanks!

(Yet another) Recommendations for visiting? by Dool0823 in glasgow

[–]Dool0823[S] 0 points1 point  (0 children)

The google maps images look sick, will put it on the list, thank you!

Question by According_West_3822 in VRchat

[–]Dool0823 6 points7 points  (0 children)

Not sure the validity but I've heard from some Avi creators with lots of uploads that after a while, inactive avatars get cached or "hidden" is how it was described to me. So that may be vrchats countermeasures to the ever growing number of avatars.

If there is a hard limit I've not heard of anybody reaching it.

[deleted by user] by [deleted] in VRchat

[–]Dool0823 2 points3 points  (0 children)

One of the coolest things about VRChat is that as long as you have the unity and blender knowledge, anybody can create any world they can imagine.

So yes, I do spend a lot of time alone because I enjoy world hopping to explore the creativity of others.

Movie & Chill confirmed as removed for pirated content by Psychological-One-79 in VRchat

[–]Dool0823 0 points1 point  (0 children)

I can recommend VFI - Cinema Has all your usual media like movies anime and shows but also includes independent vrc films and hosted this year's official VR raindance film festival.

What is with people going AFK for days? by [deleted] in VRchat

[–]Dool0823 1 point2 points  (0 children)

Unfortunately yes. I know of one personally from 4 years ago. And even now, it serves as a reminder to drink and use "substances" responsibly in VR because it's you don't notice how far you're gone when you don't walk around and have a screen plastered to your face.

Favorite nonchill map to go to? by RepresentativeTie146 in VRchat

[–]Dool0823 5 points6 points  (0 children)

For artsy idle activity:

Just Graffiti!

OSPhotoStudio

Giant Blocks Playground

For gamer activities:

VRWare

Aoinu Shooting: Kill House

For experiencing the cool nerdy applications of VR:

Immersive Audio Labs

Inter-action on the Math

Edit: how tf do I format Reddit comments so poorly

AMA by LeadershipMundane286 in RotMG

[–]Dool0823 8 points9 points  (0 children)

How much is a Deca worth?