[No Prisoners]

Looks like shorts loading up and uber should be watching.

"Short sellers have borrowed $455 million worth of Lyft shares, or 6.61 million shares, according to IHS Markit."
The cost to borrow Lyft shares rose to more than 100 percent or about 27 basis points a day, the most expensive U.S. company with more than $5 million in balances to bet against, IHS Markit said.

https://www.cnbc.com/amp/2019/04/03/hedge-funds-are-loading-up-to-bet-against-lyft.html

 

[heynow321]

Watch out for a short squeeze. What’s the float?

 

[No Prisoners]

Float 12%

Don't count on short squeeze yet. Priced too high. Possibly around $40. But what do I know.

 

[Lee239]

Shouldn't the stock tank tomorrow because of this? If people are betting against a company who says they can't ever be profitable why stick with it?

I know nothing about the market but my suspicion is that insiders are pumping money by buying more to try to keep it from tanking.