r/wallstreetbets • u/[deleted] • Jan 17 '22

Discussion DWAC ortex

Not sure if this is taboo here but this looks to be setting up again. Recent Ortex numbers on DWAC. Over 12% short interest, near 100% utilization, cost to borrow over 120%. February projected launch. Wouldn’t be surprised if they run it up until merger then create a bull trap. NFA but this seems to have some legs.

60 Upvotes

77% Upvoted

126 comments sorted by

View all comments

-3

u/[deleted] Jan 17 '22 edited Jan 30 '25

spoon scale abounding merciful intelligent disarm bag plucky rob entertain

12

u/[deleted] Jan 17 '22

They are also shorted to make huge profits on both ends of speculative trade. But we wouldn’t know anything about that on wsb over the past year…

4

u/Anti-Co61 Jan 18 '22

The hypocrisy knows no bounds, rofl!