RE: No free float left - just hold tight shorts and everyone else will need to pay top dollar for this share19 Jun 2023 13:06
What I mean is that there are only 119m shares, and looking through the buy/sell data of the past few weeks the volume of "loose" shares in the market are minimum, as most of the shares are held by majors or longterm PI.
As such, if the shorts want to accumulate shares to close, or if some (Mike) wants to acquire a large volume then the best way is to drive the price upwards to shake out the auto-sellers and algos.