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What about shareholders who bought in the trips and low dubs? Maybe they sold some in the pennies and are riding free shares or maybe they see more upside ahead, what about those shareholders?
Wait I thought we had caring compassionate people looking out for shareholders and traders alike? People who got burned decades ago and want to help others avoid the same fate, so should we not be concerned with others not selling their shares held in "scam" companies?
It is quite obviously inferred.
Lovepink and Pooja have been right about everything thus far, Lovepink even predicted the original dismissal back in November 2019. I think LP is right about naked shorts as well.
So they are not truths but rather opinions, thanks for clarification.
Naked shorts are not afraid of DBMM. There have to be some here for that to happen.
Was saying the 211 wasn't happening the truth?
Was saying no CE removal the truth?
Was saying the SEC would delay case indefinitely truth?
@FaiJam3 has data that shows the Kramer’s liked shorting 2 billion on debentures (proof in two stocks {not $DBMM or $GTii}). This would correlate well with what @Joeschmo3311 was saying yesterday in a conversation with @settlethetrades I will repost that in the comments
— Dozer82 (@Dozer8210) July 13, 2023
Janice Shell, why did you write a letter to Judge Dearie in support of the most prolific penny stock scammer (shorter) in history, Anthony Elgindy?
That is a logical contradiction to say a company is terrible and it would be a bad short. If your going to there is upside risk well that is true of any company that one could short. The thing that makes OTC companies so attractive to naked short is that they are at most risk of going under, which equals a 100 percent tax free return for those that naked shorted. Also the act of naked shorting a company actually increases the likely hood of it failing due to the dilution and negative pressure it puts on the company.
Secondly, it requires the other entities to see substantial rewards for the risk.
84 percent marked short again today. We are told the MMs "balance the books" by the end of the day, how do you balance 85 percent short?
$DBMM 84.6% marked short today pic.twitter.com/eaRMQ90oeN
— Dozer82 (@Dozer8210) July 12, 2023
Of course the Company encourages new shareholders in a public company. DUH
Still waiting........
If it looks like a duck and walks like a duck, it is a duck" is a humorous term for a form of inductive reasoning12. The phrase implies that if something has all the characteristics of a thing, it is probably that thing, regardless of what it is called or presented as.
Sorry let me rephrase that, they are good samaritans looking out for random folk on the internet lol.
I hope the new rules come in effect soon, I want to call out some naked short sellers.
DBMM could run with proper catalyst. Like removing current management...
25 million trade at .0016?
When do the new rules come into effect?
Except we never get the companies that were naked shorted so we could see if there were FTDs...
Kramer NEVER naked shorted any stock that he gave toxic loans too... he didn't have to!
77 dollar trade at .0068, yah I'm sure that was a retail trade....
Definitely is impractical and sucks to be them, but they would rather do that than dish out a few hundred million to cover the position. They are hoping shareholder resolve breaks before they do...
Well I'm sure the naked shorts weren't to worried til about November 2019 with the dismissal. Not sure why the timeframe makes it impractical, margin probably wasn't a problem for the longest time because the stock was in the trips.
Don't they have to close out the position to make money? Don't they have margin, cost to carry etc.. until the position is closed out?
You do realize that OTC stocks have run into the multi hundred million to billion dollar market cap with no revenues and lots of debt right?
But I guess you are saying that the NSS would short MORE shares, to keep the price down....but not TOO many shares to drive it down TOO far and make it attractive to buy....That it?
Sure they could probably crater the price by flooding the market with synthetics but the demand in the trips would quickly absorb that. Than the price would start to rise again and they would be in the same spot but now with more risk.
If it was NSS selling (if NSS actually existed in DBMM) they would sell big, not tiny! Duh!
Funny thing is, actual shareholders holding millions of shares don't seem to concerned lol.
By naked shorting...
OH MY GOD 30 MILLION RESTRICED SHARES!!!! EVERYONE RUN!!!!
and no bashers should be allowed
This stock is being heavily naked shorted.
With billions of imaginary naked shorts... do you really think they would be worried about a few hundred million more imaginary naked shorts?
Why would they be doing that?? Millions of shares means more costs for NSS, margin, cost to carry interest etc. Plus if they hammer it down to low teens buyers will start coming in and the price will re balance and they are stuck in the same spot. No the best bet for NSS is use small lots and try to hold the price and slowly walk it down and hope to hell shareholders get impatient and sell. This is not a normal case for NSS, no deal is coming to save them, this CEO ain't doin that.
When does dilution stop?