So imagine if you were trying to do a quick short
Post# of 32636
A stuck short that believed their own BS
A stuck short that hasn't had a job in years
A stuck short that is underwater
A stuck short that is paying interest
A stuck short that is part of the 5M shares shorted club
I guess that would be frustrating
That's why they really hate when you talk about stuck shorts
You often get the lines...
"You can't short a penny stock!"
"There are no shorts!"
Oh, but you can and there are
Why else would there be a board of jackasses with rules gamed for shorts?
If LieHole cracked down on it, they'd loose all their paying members and go bankrupt
I guess the FTC will crack down on it shortly
One thing they have in common though is proven liars, failed businesses,can't keep a job and they are jealous of others success
Let's see...
Shares Outstanding: 67.6M
At least 1/2 (33.8M) are owned by insiders, institutions and longs. You'll find that out shortly.
I think that number is closer to 75% since a lot of institution don't have to report.
If so, that means 30% of the 17M circulating shares are long term shorts.
With all that will be announced in the next 1 to 8 weeks, what's the chances people that actually follow the stock will be selling?
Yup, you get a bunch of traders that only read reddit and watch youtube, but that may actually put a bigger sting on stuck shorts, shortly.
That leaves 'stuck shorts' in a pickle which is why they are working OT
No, we already have the one long left that couldn't keep her word that runs back and forth. Never to stop and think. How does that help your investment?