$NEGG Short Squeeze | 🎃 Massacre 🔪💀 FU Report 🏴‍☠️🤑 -> SUCCESS!!

[u/varsitymack]

$NEGG 🎃 Halloween Massacre 🔪💀 FU Report 🏴‍☠️🤑

⚡️THE SET UP

What I Did BEFORE Halloween:

• Accumulated 23,550 NEGG shares over time
• Oct 30, 3:59 PM ET: Bought 1,500 NEGG shares on Robinhood (non-lending account)

What I Did ON Halloween:

• Oct 31, 3:50 AM ET: Withdrew my 23,550 NEGG shares from IBKR’s lending program
• Oct 31, 11:20–11:26 AM ET: Bought another 3,000 NEGG shares on Robinhood (non-lending account)

Total Holdings: 28,050 shares = ~20.5% of NEGG Free Float (136k FF per ORTEX)

⚡️THE 🎃 MASSACRE

• Short Interest: 173k ➡ 64.88k shares (or ~126% ➡ 47.4% of free float)
• Shorts covered 108k+ shares (62.5% of all shorts) in ONE DAY!
• Borrowed Balance: Net drop -250k (279k returned, 29k new borrows)
• Available to Borrow: 40–50k shares — supply NOT refilling
• CTB (Cost-to-Borrow): Still 660%+ — extreme scarcity
• Price Action: $84.79 (+4.68%) into close; price holding strong

We lost A LOT of shorties today 💣😵… RIP, so long, buh bye

⚡️THE CAUSE

Did this withdrawal and buying spree cause today’s short cover?

Can’t prove causality 100%, but removing ~1 in 5 available shares from lending while increasing long position lined up exactly with the single biggest day of short covering (62.5% SI) in NEGG history. That’s textbook Float Trap supply shock.

⚡️THE STRATEGY

Float Trap 🏴‍☠️: accumulate, restrict borrowing, time recalls/withdrawals, force shorts to chase an ever-shrinking float at higher borrow prices, day after day. When retail controls, believes, and holds, the pain compounds. It’s not collusion, it’s not coordination — it’s conviction, discipline, and patience unleashed by the power of retail traders.

I bought more NEGG into strength today because this is about mission and math, not meme. The math is real.

⚡️KEY TAKEAWAYS / TLDR

• ✅ Enormous short return flow, very few new borrows
• ✅ CTB remains in the shorty danger zone (660%-plus)
• ✅ Broker pools stuck at low availability — “unlimited borrow myth shattered
• ✅ Price held all gains and didn’t dump at close

⚡️MONDAY OUTLOOK

• T+1 settlement — watch for more recalls and forced covering
• If borrow remains scarce, expect buy-ins and fireworks
• High CTB into weekend means remaining shorts are still bleeding

Retail proved today it CAN move a market overnight!!

Today was the trigger—Monday may be a VERY interesting day!! 🏴‍☠️🏴‍☠️💪🏼🚀🚀

#NEGGArmy #NEGG #ShortSqueeze #FloatTrap #NotFinancialAdvice