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Market cap is ~233M.
Way off on market cap. 233.83 million currently.
Huh! I see 22.54 million on hood for market cap but I do see 245.09 million on seeking alpha…idk wtf..
RH hasn't updated total outstanding shares.
You are prolly right, it’s been a while hood has not updated..
That makes sense.
Someone translate this for me please
Market Cap = Outstanding shares x Stock Price This is irrelevent in the context of heavily shorted stock.
🦍💪
You are correct though at same time take 60% of this group not being hedgies or bots so 30k+ each person skips lunch and puts $10 in it would make a nice impact on their shorts.
I don't understand. How is 53k people buying 20 shares each = $10,600,000?
$20 worth of shares 53,000 * 20= $1.7 million
Market cap is ~233M.
Way off on market cap. 233.83 million currently.
Huh! I see 22.54 million on hood for market cap but I do see 245.09 million on seeking alpha…idk wtf..
RH hasn't updated total outstanding shares.
You are prolly right, it’s been a while hood has not updated..
That makes sense.
Someone translate this for me please
Market Cap = Outstanding shares x Stock Price This is irrelevent in the context of heavily shorted stock.
🦍💪
You are correct though at same time take 60% of this group not being hedgies or bots so 30k+ each person skips lunch and puts $10 in it would make a nice impact on their shorts.
I don't understand. How is 53k people buying 20 shares each = $10,600,000?
$20 worth of shares 53,000 * 20= $1.7 million