Meanwhile DJT stock has risen 50% in the last 3 days

[WarGamer]

3. I explained this in an earlier OP.

It's called trading.

No one is investing in DJT. It's a terrible investment with no future.

That doesn't mean it's not tradeable.

I was watching the ticker today, this afternoon the 35C option exp 4/19 went from 0.25 ($25/contract) to 2.10 ($210/contract) in about an hour...

Recently DJT advised shareholders to NOT allow their share to be borrowed by SHORT traders and then TODAY they filed a complaint with the SEC re: naked short trading which is somewhat illegal...

And... as I explained...

Stocks drop until they hit a point of support, support in this case means a dollar amount where traders feel they can swoop in and buy it... and dump it in an hour... or 3 days... for profit.

That's why you saw the price plummet ever since 79... then around 25 enough traders decided it was a good entry.

Today it tagged 36... and it'll dump again when a number of TRADERS are happy with the profit they see... might be at 40 or 50 or 79 again?

I don't think we'll see a short squeeze, a violent upwards movement brought on by short interests being liquidated OR closing their shorts at a loss... there just aren't that many shorts involved.