So should we let shorts off the hook? HELL NO!!
Post# of 32626
Quote:HELL NO!!
So should we let shorts off the hook?
I understand everyone's frustration of the current pps and "possible" RS but in no way should we be forced to the OTC because of wrong doing of illegal naked shorting of our company.
The way i see it is that Verb is taking the necessary steps to force these illegal naked shorts by having a RS and special dividend as tools in their box so that they can force them to cover.
I'm hoping and at this moment believing that a RS will not even be necessary because i believe a special dividend will force them to cover and drive up the pps possibly way above $1.
imo the 700.000.000 number to me indicates that there has been an enormous deal of illegal naked shorting. I too think its smart that Verb is protecting its shareholders by taking all the necessary steps to NOT let the illegal naked shorts win by getting a way out.
We know Verb is considering a special dividend, which i personally speculate on seeing happening soon.
We also know Verb hired Alantra to look at multiple interesting parties that are interested in Verb for a possible partnership/merger/acquisition/buy out.
So i see 2 big catalysts in the short term that could propel the pps above $1 even before a RS is going to be voted on. The RS might not even be needed.
Look at GNS, who started the battle first with the illegal naked shorting.
They are now well above $4 still after being at around 50 cents and shooting up above $7 or so.
To me it seems Verb is following their lead on forcing these illegal naked shorts to cover.
All i can do is keep on supporting Verb and hope that all the necessary steps that are taking place will finally give us something to cheer about soon.
I strongly believe its coming.
GL my fellow longs!