- Entry
- $14.80
- Now
- $17.31 +16.9%
- Target
- $21.90
- Score
- —
**TL;DR: 3.5M shares short on a 19.6M float, built into the July decline, still not covered. Inverse H&S just completed. Measured move $21-22. And Ya, I put this together with AI. Carefully, after doing the dd.** **The short position** |Settlement|Shares short| |:-|:-| |Jun 30|2.59M| |Jul 15|**3.68M (+42%)**| |Jul 31|**3.50M**| They added 1.09M shares in two weeks while it fell from $16 to the mid-$13s. Then it bottomed at 12.87 - and they covered **177 thousand shares.** 4.8% of the position. …
— ORIGINAL POST ·
MRAM: shorts built at $13-16 and never covered. 17.8% of float, 1.8M shares of call notional overhead, price just broke $18.30.
· r/smallstreetbets
· Aug 14, 2026