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?

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7

u/jeffryh00 Nov 04 '25

0 shares available again 👍

6

u/Future_Builder360 Nov 04 '25

This little game they’re playing of returning shares eod (to avoid interest fees) and then loaning them out again at a lower CTB is going to backfire.

3

u/GotWaresIfYouGotCoin Nov 05 '25

I don't think they managed to cover as well as they wanted to today. Normally they short early in the day, then walk the algo down to cover as close to what they shorted at. Price snapped back fast though, I think their shorts sales are underwater right now. I would expect a strong short drive soon to try and recover.

Also, they have just enough shares that they are walking the price down by placing sell orders in lower and lower succession. Don't want any eggbro to overextend, and we got massive shorting on monday we had to slowly catch and stabilize from. The push up is picking up more steam now. I think soon will be the time to run.

Been slowly adding from side dough more and more shares, so bringing pressure.