Repeat a lie a thousand times, and it becomes the truth. A hundred scientists came together in disapproval of Einstein. His response was, something along the lines of. - why a hundred scientists? If I was wrong, all it would take is one.
Every post I read in this format makes the same trivial mistake. It assumes that shorts decrease the amount of available shares.
No they don’t! They infact INCREASE the float.
When you calculate 44m - 55m there should be a + in-between, not a -.
It is so simple. If the company had only 3 shares and I borrow 1 and sell, now there are 4 shares owned and 1 share owed. Real float is still 3, apparent float is 4. Thus causing price suppression.
In theory I could borrow and sell the same share over and over. The real float is always 3, but the apartment float grows.
TLDR: shorts increase the apparent total number of shares in the float.
ArkimedesWasRight
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That is exactly what they are doing. Focusing on problems that actually matter TO THEM. The average person's problem is not their problem.