BRCC and SST Is going to explode!!! Failure to delivers!!! GME inspired!!!
Failure to delivers caused the massive GME run up back in 2021. How?
https://www.law.cornell.edu/cfr/text/17/242.203
iii) ….shall immediately close out that fail to deliver position, including any adjustments to the fail to deliver position, within 35 consecutive settlement days of the effective date of this amendment by purchasing securities of like kind and quantity;
What this means? Basically all FTDs must be closed 35 settlement or trading days. (Notice the SEC cliff notes don’t mention this nor did the GME….)
https://i.imgur.com/LOCBjNd.png
As you can see when a security enters threshold list, if FTDs aren’t closed out, in 35 trading days, the price action become active.
There’s a key metric that helps you know whether FTDs are being closed or not. It’s the security loan volume. That tracks whether actual shorts are closed including the IOUs from FTDs. If you look at GME at the tail end of the threshold list, you can see the security loan volume pop. What happens when it popped? The price exploded.
A lot of stocks go on the threshold list that never squeeze. I’ve monitored them. Why BRCC will squeeze this week is because of above.
- Short interest
- Failure to delivers
- Security loan volume since being on the threshold list hasn’t moved and has been low
https://i.imgur.com/QhoJbfg.png
But they’ve begun covering a bit, look at the increase in security loan volume and price action.
The last day they have to cover FTDs is Friday. So the price will begin to pop today.
Sst – system 1
They are the other stock on the list with the same exact setup this week.
This event is rare folks.
https://i.imgur.com/XYjXek9.png
Look at this shit, the FTDs are insane! 35 days ends this week for it as well!
We never had such and event of 2 possible GME type explosions possible
Sst has literally a float of 700k.
They screwed themselves on these 2….
The main metric again is.
1. Failure to delivers
2. Threshold list
3. Security loan volume while on the list
4. Short interest
BRCC and honorary mention sst will explode
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