The $10M liquidity pool lock is expired and we have removed the liquidity so that we can use the fund to acquire $XMAX and keep pushing the short squeeze馃
Hooke Protocol
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Permissionless Algorithmic Stock Tokenization.
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GXmax @XmaxGlobal
The $XMAX stock available to borrow is decreasing. We will keep monitoring the market data.
$XMAX short squeeze update.View quoted post on X
Hooke鈥檚 +35% target on $XMAX comes from our short-squeeze thesis.
Our internal model looks at short interest, borrow availability, trading volume and the float鈥檚 ownership structure. It identifies roughly +30% above the treasury鈥檚 average purchase cost as a zone where covering pressure could accelerate sharply. Our +35% profit-taking target sits just beyond that zone.
The public data provides context: 9.22 million shares short in the September 30 report. As checked on October 17, Fintel also shows 15.58% of float short and 12.74 days to cover. That last number measures short interest against average trading volume鈥攊t is not a deadline for shorts to exit.
Our thesis is that rising prices could push more shorts to close, adding buying pressure just as new buyers enter. When both groups compete for available shares, things can move fast.
$GME showed how explosive a rally can become when strong buying interest and short covering overlap. It gives a sense of the potential volatility, although it cannot tell us how XMAX will trade.
If that dynamic develops in XMAX, the treasury鈥檚 position could appreciate sharply. Our plan is to take profits at the +35% target and direct 100% of the realized profits into $WOLFPACK buybacks.
That is why buybacks funded by the stock strategy follow realized gains. Launchpad-fee buybacks follow their separate allocation.
We remain firmly bullish and are backing that conviction with treasury capital. We鈥檒l keep building Hooke, executing the strategy and sharing progress with the pack. 馃惡
@XmaxGlobal @wolfpackmeme
Our internal model looks at short interest, borrow availability, trading volume and the float鈥檚 ownership structure. It identifies roughly +30% above the treasury鈥檚 average purchase cost as a zone where covering pressure could accelerate sharply. Our +35% profit-taking target sits just beyond that zone.
The public data provides context: 9.22 million shares short in the September 30 report. As checked on October 17, Fintel also shows 15.58% of float short and 12.74 days to cover. That last number measures short interest against average trading volume鈥攊t is not a deadline for shorts to exit.
Our thesis is that rising prices could push more shorts to close, adding buying pressure just as new buyers enter. When both groups compete for available shares, things can move fast.
$GME showed how explosive a rally can become when strong buying interest and short covering overlap. It gives a sense of the potential volatility, although it cannot tell us how XMAX will trade.
If that dynamic develops in XMAX, the treasury鈥檚 position could appreciate sharply. Our plan is to take profits at the +35% target and direct 100% of the realized profits into $WOLFPACK buybacks.
That is why buybacks funded by the stock strategy follow realized gains. Launchpad-fee buybacks follow their separate allocation.
We remain firmly bullish and are backing that conviction with treasury capital. We鈥檒l keep building Hooke, executing the strategy and sharing progress with the pack. 馃惡
@XmaxGlobal @wolfpackmeme
