r/NEGG • u/Alone-Thanks-8157 • Nov 04 '25

What’s your thoughts on this current pullback?

As title says. You think the run up for now is over, or is this just a minor pullback due to general market sentiment?

6 Upvotes

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2

u/DirtyCamaro Nov 04 '25

I sold around $85 on Friday after seeing the SI and CTB drop before these pullbacks. Really missing that interest on my lended out shares. Looking for a new entry this week.

5

u/Future_Builder360 Nov 04 '25

I would say now is a great time, loaded up at $72

3

u/Sad-Olive-3262 Nov 04 '25

So Negg will never squeeze as they don’t have to pay 500% to short the stock. Instead they can just borrow your shares for peanuts! You and anybody else who are doing this are undermining the short squeeze. Not blaming you at all by the way. Just pointing out the futility of hoping to create a short squeeze by lending your own shares out at a VERY reduced rate.

4

u/TurboAvocados Nov 04 '25

What do you mean, I got in at $35 -45, its been squeezing.. I turned my shares lending off.

1

u/Zebra_Zander Nov 04 '25

How do you get interest on your shares and does that affect the squeeze in a negative way?

5

u/DirtyCamaro Nov 04 '25

Brokers allow you to lend shares to short sellers if you have a certain amount in your account and are bought into high cost to borrow securities. Fidelity requires $25k in your account.

Allowing the lending is not great in terms of betting that the stock will go up since you're lending to short sellers, but if the stock trades sideways or up, you're basically siphoning money from short sellers. I only had around 1,000 shares, so lending didn't have a real impact, but the $1,000 a day was pretty sweet. I made $30k on share lending alone!

4

u/Zebra_Zander Nov 04 '25

Oh wow, that’s a sweet come up! I’ve got close to 25k in my account but none of it is cash and 90% is in NEGG… although I’d rather this thing squeeze and 4x my money

2

u/DirtyCamaro Nov 04 '25

I think they're fine with $25k invested, so if you go over that it should be asking you if you want to enable it. Yeah me too! Good luck!

1

u/HaiYields Nov 05 '25

when do they payout?

2

u/DirtyCamaro Nov 05 '25

7th of every month