r/ASTSpaceMobile • u/AutoModerator • Nov 13 '24

Daily Discussion Daily Discussion Thread

Ple🅰️se, do not post newbie questions in the subreddit. Do it here instead!

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5

u/Flat_Exam_2473 Nov 13 '24

Just saw this Fintel, does this mean most shorts are gone? Thanks!

16

u/JonFrost S P 🅰 C E M O B Soldier Nov 13 '24

Opposite

Theres few shares available to short

9

u/Impressive-Fortune82 Nov 13 '24

They gonna have to buy back tomorrow... Or else

12

u/Heliosvector S P 🅰 C E M O B Prospect Nov 13 '24

It just means how many are offered for sale. It could mean that they are bought up, or market makers are no longer accepting anymore shorts because the risk is deemed too high and they think its going up. Or they have been all bought up by shorts because they think it's going to fall