$Tiger Brokers(TIGR)$this is my theory. The reason why we get this oversold pops is because ones the shorts make enough money they are closing it out because it exceeded the margin they were paying to short these shares. (36% for tiger so quite expensive to short).
Once the stock pops, the short borrow rate goes down, stock goes higher, and they short again. Rinse and repeat. Until we can short squeeze the living shit out of them buy all BUYING AT MARKET during the earnings call, then they will have to cover and take MASSIVE LOSSES. MASSIVE.
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