#FLOCK has been crushed by more than 90% from its historical high, and just a month ago it even dug out a new historical low — I kicked down that valuation wall with a short-selling shove. More than half the shares are still locked and unresolved, and the market cap is being reckoned based on less than half the circulating float; the real valuation is thicker than what the paper suggests by a good margin — every rebound is just lifting the unlockable shares. Open interest in contracts has shrunk by more than 10% in a single day, and beneath the rally there aren’t many real holders supporting it; even the longs are pulling out themselves.