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$LMND
After a 30% rally post-earnings, shorts are still holding tight — and taking heat.
In a bull market, fundamentals only tell part of the story. When optimism returns and short interest stays high, covering pressure can fuel exaggerated upside moves.
Add QE liquidity , rate cuts and renewed retail momentum, and you get a perfect storm where valuation takes a back seat to velocity.
$LMND can move to levels that makes no sense given the perfect recipe.
Perfectly explained in this clip by @jakebrowatzke
Hold on to your shares!!!!
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