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Re: None

Monday, 07/24/2017 3:08:56 PM

Monday, July 24, 2017 3:08:56 PM

Post# of 6401
Moffat, Until BPTH clears up the delisting issue the shorts may be able to move the stock PPS down for periods of time within the three settlement period. They simply buy it back and sell it over and over again with very little risk as long as they have trading partner to zero sum out the positions at days end.

Remember even if they shorted the stock at a buck they have 200% gain and at $2.00 a 500% gain. This type of paper gain provides shorters with a substantial safety range to create PPS mischief.

Their only real risk would be a takeover or buyout which is highly unlikely at this time.
Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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