Aptevo Therapeutics Inc. (APVO) Social Stream
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$WORX The best way to understand the massive short position here is to compare it to the RPM (revolutions per minute) of an engine. WORX short position is similar to a super high RPM (what happens when you hit the gas pedal in neutral) and to their progress when measured with a vehicle stuck in 1st gear.jmrks, published August 13, 2021
So, for a full visual... imagine driving your car in low gear (first gear) with the pedal floored to the ground. Lots of noise (super high trade volumes like 150m) but little progress on covering the 40+ million naked short position.
In fact the last few days were telling... After a 150m trade volume day, only 5m shares sold out as weak hands in the morning. Don't forget that the 150m volume share day also called for more naked share selling to trigger the stop losses below $5.
It's a vicious cycle that will only end when they spike the pps super high.
Check $APVO last November for a visual of what is to come. In less than hour it shot up from $6 to $60!
LOL!
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