For those hoping for a short squeeze based on info
Post# of 43066
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Posted On: 11/08/2019 2:53:36 PM
For those hoping for a short squeeze based on information posted here, look up short interest data for PTOI, which shows 13,500 shares short. That's about $500 worth. Then look up Reg SHO data to see PTOI isn't on that list so you can also exclude a large naked short position.
All of the public information points to there only being a trivial short position in PTOI. The low number short makes sense as being short such a cheap stock requires $1 collateral per share, which ties up a lot of capital for any investors who might want to be short.
You can get the other side of the story by asking those who say, for example, "Seems like shorts are caught between a rock and a hard spot." why they believe there is any significant short position in PTOI at all. Then evaluate their explanation, or more likely their silence, against public information on short interest put out by the SEC and FINRA. Then decide for yourself what your odds are of getting in on a short squeeze. Believe it or not, some longs might suggest a short squeeze is coming merely to lure more investors into buying PTOI in the hopes of bidding up the stock.
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All of the public information points to there only being a trivial short position in PTOI. The low number short makes sense as being short such a cheap stock requires $1 collateral per share, which ties up a lot of capital for any investors who might want to be short.
You can get the other side of the story by asking those who say, for example, "Seems like shorts are caught between a rock and a hard spot." why they believe there is any significant short position in PTOI at all. Then evaluate their explanation, or more likely their silence, against public information on short interest put out by the SEC and FINRA. Then decide for yourself what your odds are of getting in on a short squeeze. Believe it or not, some longs might suggest a short squeeze is coming merely to lure more investors into buying PTOI in the hopes of bidding up the stock.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.