No one would prefer an RS, especially existing sho
Post# of 32626
(Total Views: 327)
Posted On: 02/25/2023 6:11:47 PM
Re: Thunder4402 #28477
No one would prefer an RS, especially existing shorts and naked shorts. There goal is to force VERB back to the OTC. If that happened, you would lose the institutions. That selling would cause a significant blow.
Now let's look at the flipside. The stock is already beaten down like many others way below valuation but everyone should do their own DD and determine what that is for them. Let's say if the company was overvalued, an rs would be a great signal to shorts to hammer the stock. Not the case here. With the market cap sitting low, more shorting would be an extremely risky proposition, especially if a partnership, deal or dividend is announced.
Verb has a lot of potential not to need that rs. Hey, I carry around a spare tire in my car. I hope I never need it, but it's nice to have. My family doesn't fret everyday I have it in the car. In fact, they don't even think about it.
So should we let shorts off the hook?
Now let's look at the flipside. The stock is already beaten down like many others way below valuation but everyone should do their own DD and determine what that is for them. Let's say if the company was overvalued, an rs would be a great signal to shorts to hammer the stock. Not the case here. With the market cap sitting low, more shorting would be an extremely risky proposition, especially if a partnership, deal or dividend is announced.
Verb has a lot of potential not to need that rs. Hey, I carry around a spare tire in my car. I hope I never need it, but it's nice to have. My family doesn't fret everyday I have it in the car. In fact, they don't even think about it.
So should we let shorts off the hook?
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