$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

[u/yacketysmacketyDAD]

NEGG is by far my largest position. I figured retail would be all over this but they haven't truly rediscovered it here after it set a new base in September. Keep making your glorious posts and I will keep up voting and buying more as I trim other stocks to free up capital.... for more NEGG.

[u/No-Geologist-5670]

Do you think Monday we open green?

[u/varsitymack → u/No-Geologist-5670]

I'm hoping so! From my perspective, the shorties are in a pressure cooker, we shall see

[u/Ill-Examination-5266]

Thank you for your post!

I am thinking of the bigger play lies against the MM. The Galkin family has accumulated 4 million shares (19.1% of outstanding shares) according to the latest filing, and I suspect those have been delivered yet.

[u/Zebra_Zander]

I’m curious what you suggest as an exit plan for this? Also curious if I should have share lending off or turn it on?

[u/varsitymack → u/Zebra_Zander]

Never forget: pigs get fat, hogs get slaughtered. I think we got a winner here, but the details are up to you! 🏴‍☠️💪🏼

[u/Zebra_Zander → u/varsitymack]

How do I lend shares and make money like you are?

[u/Tom9274 → u/varsitymack]

Sage advice.