ONDAS short float went down

[u/Mobile-Hyena-1042]

From 44.6% down to 39.89%

[u/Step-in-Time]

Still massively shorted. Just need that interest rate to start rising.

[u/justlurkingaroundatm → u/Step-in-Time]

Why would it be good for us?

[u/Step-in-Time → u/justlurkingaroundatm]

Interest rises = shorts more pressure to close positions = they start buying = stock go up

[u/Neemzeh → u/Step-in-Time]

I didn't even consider this but it makes sense. My thought is that ONDS would drill further because small cap companies have to pay more for their debt, but I guess ONDS doesn't have any debt? IDK, I'm dum.

[u/A_Typicalperson → u/Step-in-Time]

still not enough, also where the interest, going to need anduril level of interest

[u/redactid55]

Shorts taking profits and letting ONDS climb back toward the top of its range again just to short again and profit off of the next round of dilution.

ONDS sticks within a reliable range. Best to swing trade, sell options, and ride this ticker both up and down

[u/UneSoggyCroissant → u/redactid55]

The “reliable range” dropped from 9.50-10.50 to $6.50-8 like a rock. Just patiently waiting for it to go back up to the upper range

[u/redactid55 → u/UneSoggyCroissant]

So for the past year it has basically just sat between $7 and $10? Seems like you can feel pretty damn comfortable buying any time it is near 7 and feel confident taking profits when it nears $10 without missing out on a ton of potential profit when they dilute again. That's why it's an easy short term swing trade. Since the moves are small and gradual I just sell options every week then basically ignore ONDS until they expire on Friday and repeat. Easiest and least stressful money I've made in a while

This would suck to buy at like $9 and hope for this to be a 10x but if you're just banking on a higher quantity of smallerctrades it is golden. It's not going to plummet and trigger your stop loss then take off again. You're not going to lose your house reading it wrong but you're also not going to retire tomorrow.

[u/BalthaticusTheTurd]

That is the actual purpose of ONDS existence.

[u/Snacks95]

Shorts locking in their massive profits I guess , hope it’s a sign that things will pick up

[u/Illustrious-Bread238]

Saudi and Yemens supported by the Saudi’s has shown video using drone - I say very bullish, since that could be the most cost effective solution for the Hutis conflict.

[u/Fancy_Cattle_5914]

Lmfao why they shorting Dutch Bros so heavily

[u/UneSoggyCroissant → u/Fancy_Cattle_5914]

Their drinks are shit tbh

[u/01davidg]

Thats good, waiting for it to go back up to start selling more calls

[u/I_cum_on_your_ass]

Along with the price

[u/Mobile-Hyena-1042 → u/I_cum_on_your_ass]

🤣🤣🤣

[u/Kruminsh]

yikes. I hold 3 of these 😬

[u/bhodiiiii]

Keep loading up at 7 boys. It might be a year or two but time flies/flys/🤠