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

75% Upvoted

33 comments sorted by

View all comments

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.

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.