Why there is a MASSIVE short on this stock:
Market Maker CDEL is on the BID for 150+ billion, plain and simple fact, they are looking to buy 4 to 5 more shares than are supposed to be out there. If there is "no short" then why is CDEL looking to buy so many flipping shares??
It's simple, they need to clean up the phantom shares floating around because the company did a STOCK AUDIT and proved that the phantom shares did not come from them.
Now the company made it through the chill, they are as clean as a whistle.
--- if there were such a short this stock play would have so many buyers...yet here we sit with none. - The general public does not know the size of any short position. Only the company and the DTC through the NOBO/OBO list and since the company is the only entity that can pull that list, only the company knows the exact short position.
---If there were such a short then we would of see a massive run on our Billion + trading volume day this year...we only saw more dumping off of shares Once the company announces the name & symbol change and gives the execution date we will see the massive run you are talking about. And since the company or insiders could not sell the last 6 plus years you are wrong about the so called "dumping".
---If there were such a short we would see FTDs registered for this scam stock ....and there are none... a fact that pains anyone trying to tell the shorty story. Sorry but you can't have shorts and not have FTDs.
FTD's have to be reported, and none of the retail brokers want to report that there are only 20% of actual registered shares in their account. In fact no entity wants it to get out of such a massive short on any stock.
