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Posted On: 09/08/2022 1:49:09 PM
Post# of 148899
On low volume, so probably mostly just some shorts who got tired of holding and covered. They have to have a pretty large stake to short any stock under $2.50 because of the $2.50 rule. To short 10,000 shares of CYDY, they have to have $25,000 - even if the share price is 50¢. Plus they're paying interest on the borrow.
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