Aug 6 = first earnings + first lockup expiry (insiders can sell up to 20%). Float is only 3-5%, stock already fell from $225 to \~$158, still burning \~$5B/year, Morningstar FV \~50% lower. PLTR and MSTR both dumped after their Nasdaq-100 inclusions.
Plan: short a bounce toward $180-190 mid-July, stop above recent highs, cover after earnings. Borrow rate currently only 1%.
Concern: tiny float + index buying = squeeze risk, and the catalyst is public knowledge. Anyone positioned around this?