โ https://reddit.com/r/Shortsqueeze/comments/1qdiz13/rily_about_to_blow_up_insane_short_and_gamma/
Company filed the 10q last night. Compliance regained and profits are back. The setup is insane
$RILY / $BRC: THE IMPOSSIBLE MATH ๐
โข PUBLIC FLOAT: 16M shares.
โข LOCKED SHARES: 6M held by funds/ETFs (Passive, not selling).
โข PROPER TRADABLE FLOAT: ~10M shares.
โข SHORT DEMAND: ~6.1M shares short.
โข GAMMA DEMAND: 5.0M shares (50k ITM calls).
TOTAL DEMAND: 11.1M SHARES
PROPER FLOAT: 10M SHARES
Demand > Supply. Shorts and market makers are fighting for shares that don't exist.
Best squeeze setup since GME. ๐๐๐