BBBY was the 3rd most shorted stock as reported by marketwatch 1 month ago, I believe it may be the most shorted stock now when the totals get updated:
www.marketwatch.com/...eener/short-interest
Also yes Ryan Cohen sold, but Jake Freeman also sold $100 Million: www.dailymail.co.uk/...onds-meme-stock.html
this is money and profit that's now sitting on the sidelines.
Freeman said : "'I certainly did not expect such a vicious rally upwards,' Freeman told The Financial Times in an interview on Wednesday. 'I thought this was going to be a six-months-plus play…I was really shocked that it went up so fast.' "
You think this guys one and done, gone for good after this trade? He sold at $27, he now has another $100 million, and he was expecting to be in the stock for several months.
looking at the chart first notice the increase in volume, this is the most volume this stock has EVER seen
when I go on twitter, listen to the radio, watch the news, EVERYONE is talking about this stock
when I look on the screeners for hot stock on tradingview, trendspider, marketwatch, robinhood, etc. THIS stock is on the top of the list. This is generating a lot of publicity and a lot of interest.
looking at the chart, do you notice all the gaps? There's been 2 big gaps or tears in the charts in the last 3 days, that's huge! What are the chances that it fills those gaps?
This last Friday was a doji at the bottom of a 3 day trend and may indicate a reversal.
The amount of out of the money calls to out of the money puts out number puts by about 40% that should mean calls have more to lose at expiration.
90% of all volume all time in BBBY has been traded ABOVE where it closed on Friday at $10
When you look at the daily and weekly charts with this last 3 day downtrend the MACD still hasn't crossed the signal line yet which indicates the overall uptrend is still intact.
On the hourly chart the MACD has just crossed the signal line to the upside.
Look at the upward trendlines , they are still intact and the last close was above the trend line .
BBBY has a ceiling at $30, the current upward trend may form an upward trend to $30 where if it breaks the top then I see it moving with the same potential as $GME or $AMC
If it breaks the top at $30 I think you could see it going to $90 potentially.
as Buzzlightyear once said: "To infinity, Bed, Bath, and Beyond!"
follow me for more hopium
www.marketwatch.com/...eener/short-interest
Also yes Ryan Cohen sold, but Jake Freeman also sold $100 Million: www.dailymail.co.uk/...onds-meme-stock.html
this is money and profit that's now sitting on the sidelines.
Freeman said : "'I certainly did not expect such a vicious rally upwards,' Freeman told The Financial Times in an interview on Wednesday. 'I thought this was going to be a six-months-plus play…I was really shocked that it went up so fast.' "
You think this guys one and done, gone for good after this trade? He sold at $27, he now has another $100 million, and he was expecting to be in the stock for several months.
looking at the chart first notice the increase in volume, this is the most volume this stock has EVER seen
when I go on twitter, listen to the radio, watch the news, EVERYONE is talking about this stock
when I look on the screeners for hot stock on tradingview, trendspider, marketwatch, robinhood, etc. THIS stock is on the top of the list. This is generating a lot of publicity and a lot of interest.
looking at the chart, do you notice all the gaps? There's been 2 big gaps or tears in the charts in the last 3 days, that's huge! What are the chances that it fills those gaps?
This last Friday was a doji at the bottom of a 3 day trend and may indicate a reversal.
The amount of out of the money calls to out of the money puts out number puts by about 40% that should mean calls have more to lose at expiration.
90% of all volume all time in BBBY has been traded ABOVE where it closed on Friday at $10
When you look at the daily and weekly charts with this last 3 day downtrend the MACD still hasn't crossed the signal line yet which indicates the overall uptrend is still intact.
On the hourly chart the MACD has just crossed the signal line to the upside.
Look at the upward trendlines , they are still intact and the last close was above the trend line .
BBBY has a ceiling at $30, the current upward trend may form an upward trend to $30 where if it breaks the top then I see it moving with the same potential as $GME or $AMC
If it breaks the top at $30 I think you could see it going to $90 potentially.
as Buzzlightyear once said: "To infinity, Bed, Bath, and Beyond!"
follow me for more hopium