A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
Yo!! I look forward to your middle finger as well!
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
Yo!! I restarted the count, we've had 3 consecutive days below 100% and as far as what Ortex has said, this was not a phenomenon like we've seen before. If anything changes we can go back to the previous count and continue from there, but as of now I feel like the count should restart.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
Today it’s back up to 99.69%
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
Yo!! So I haven't heard back from Ortex yet, and until I do, I don't want to say the count is reset or not. Although, with it being a second day of under 100% Utilization I'd say the count should most likely be reset. However, I did check sticky floor and its utilization did not come back up nearly as much as GME's has today.
Here's some funky stuff though. Over the past 2 days, the days we've seen a drop in utilization, 7.65m new shares have gone out on loan and 7.77m shares have been returned, supposedly. If that's the case, it looks like it was accounts being rolled again.
I don't really know what to make of it, but I still wanted to get the daily post out there, so, here ya go. I'll make an update post once I hear back from Ortex.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
Yo!! Yes, you’re totally right!! I totally overlooked that part, good catch!! Juneteenth was last Monday, but still a little odd that the same thing would happen right around the same time!!
Hold up, now that I’m thinking about it, that would have made it exactly a month between May 29 and today, if we didn’t have the Juneteenth holiday.
Guess we’ll have to see what happens next month, however, this would make it the third time this has happened.
Wut doing Kenneth? You rolling those accounts every month Mayo man?
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
Yo!! What's up apes, its ya boy. Not calling anything a reset yet, I've reached out to Ortex and them being 5 hours ahead means they won't respond until tomorrow. I'll keep everyone posted on their response!!
Some quick info for you all. A month ago on May 29 we saw a similar drop in Utilization, actually almost the exact same amount as today.
May 29 Utilization - 83.07%
June 27 Utilization - 83.02%
It's been almost exactly one month AND the SI update from the June 15 settlement was released today.
Total days = 29 days
Total trading days = 19 days
Could be some more accounts rolling due to SI being reported, which would align with what happened back in May.
I'll keep you guys updated!!
Edit: Forgot to mention that I checked a couple other tickers that have high utilization, like sticky floor, and both dipped on utilization today. This, again, aligns with what happened back in May.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
"Official Short Interest Position" has been released to reflect May 31 settlement date.
Looks like its down 2.58% to 55.84m from 57.32m on May 15, but current Live Short Interest is at 60.33m.
Welp, here I go buying again.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
It will most likely show tomorrow.