Sundial (SNDL) heavily shorted
Posted Mar 24, 2021, 5:42 PM UTC
3710
86 million shares shorted?
Isn't that only like 5% of the current outstanding shares?
4
Let me clarify. These are shorts trading OTC.
Sorry for the miscommunication.
3
Thanks for the clarification.
2
Smooth brain need wrinkle: u/drone-chain
3
Yes, 69% of all shares shorted. Goto shortsqueeze.com and do symbol lookup. SNDL HAS BEEN BRUTALLY BEATEN DOWN BY DAMN BEARS. TIME FOR DIAMOND HAND APES TO CRUSH THEM!
2
40k put contracts expire friday. Another 40k expire on april 16th and another 40k expire on july 16th. Looks like the shorts staggered their bets about every 3 expiries.
1
Fake news.
-5
Is it?
4
And they will continue shorting every stock if people try to start a revolution flying their own flag. We all have similar positions because this was once a meme stock. The one that is front and center is GME. Everything else is riding GME’s coattails. But to make anything happen GME has to pop off. Then make the push to the other heavily shorted companies. I guess what I’m saying is if you want anything to change as far as shorting (in particular naked shorting) then you should be hoping GME makes it happen
Oh, I do. I’m in.