in the chart below a large short position of 75k s
Post# of 9123
dont know why chart stops at that date-stock traded til apr 27- can only research so much at once
it is the bashers job to get longs to give up-what is called capitulation
bashers target otc 'no info' stocks,because such stocks generally have a static closed investor pool.
The only people who know about the stock are current longs,who are already invested- often to the limit of their comfort level,especially in a stock where pps and real world progress have been going in opposite directions for a longtime,a situation partially created by the noisy(posting and attacking) bashing shorters.
Thus bashers trawl/target 'otc no' info companies, often targeting companies with underlying strength like NNLX, so they can milk it several times - bc a weak company often can be milked only once or twice.
On the contrary, potential investors usually cannot find an otc 'no info' company bc they dont trawl/search for such
companies-e.g.bc its often a lot harder to collect data for investing decisions.
and public companies and institutions -due to fiduciary duty- usually cannot invest in a 'no info' company.
so a 'no info' company has done much of the shorters work for them- all the shorter has to do is to get the limited investment pool-current longs - to capitulate.
I understand the reasons why a co such as NNLX would be an otc 'no info' class and have already discussed those reasons,but when NNLX has the funds to spare,to reward longs and the pps, they would need to upgrade to otc current class (whether SEC reporting or not) or uplist to OTCQB.
Then potential longs can find NNLX and public companies/institutions can invest in NNLX companies and NNLX would look better in the eyes of those NNLX is doing business with or negotiating with.
All things being equal, pps would be higher, the ratio of longs to shorters would be better,all of which would make pp's easier. These are all trade offs that many penny companies never even think of.