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With all this $MMTLP dumpage, short will be covered before a squeeze can happen.
Look out below!!!
I wouldn't touch RNVA with a 39 and a half foot pole, lol.
Solid action AH
All they are waiting on is the short('s) to cover or for the prime broker to cover on their behalf.
Actually, it does.
This indicates nobody is lending, they are holding. This explains the "lack of shares to short".
Now why do you think so many people want to bet that GTII will have a bull run?
Let's just say that it is hard to view that from a bearish viewpoint!
And yes, i'm long because I know the share count is going to expose something that shorts don't wan't exposed.
Tick Tock......Boom
The extreme cost to borrow indicates the exact opposite.
The lack of volume indicates strong hands are holding and not selling.
We are about to find out
$GTII short squeeze alert!!! Global Tech Industries Group, Inc. announces Application for Listing on Blockchain-Powered Securities Exchange, Upstream
This parallel listing will force a share count and it is speculated this has a very large naked short position. If the share count does expose such a position, things will get very exiting very quickly.
https://www.otcmarkets.com/stock/GTII/news/Global-Tech-Industries-Group-Inc-announces-Application-for-Listing-on-Blockchain-Powered-Securities-Exchange-Upstream?id=380868
GLTA
Let the share count begin!!! $GTII
Global Tech Industries Group, Inc. announces Application for Listing on Blockchain-Powered Securities Exchange, Upstream
New York, NY, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that it has begun the application process to list its shares on Upstream, a trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).
https://www.otcmarkets.com/stock/GTII/news/Global-Tech-Industries-Group-Inc-announces-Application-for-Listing-on-Blockchain-Powered-Securities-Exchange-Upstream?id=380868
A very good question bosman. It is my understanding that if the share count does expose large positions of naked short position(s), the shorting interest(s) will have to start covering. If they don't, the prime broker will be forced to do so on their behalf. This process would start prior to issuing these tokens (if these naked positions exist).
Just my opinion and not trading advice.
$GTII
Impressive day here. It looks like I missed it. What do you make of that 8 million t-trade?
Very good question. Prior to current events, I can't speak to anything that would've forced the shorts hand. The share count on the other hand, is a game changer.
GLTA
We will soon find out.
The $GTII share count will expose any naked short positions (if they do, in fact, exist). It is my opinion that these short positions not only exist, they are multiple times the OS (just my opinion). If these short positions do exist and are exposed, the prime broker will be on the hook to cover. This "theoretical" short position will trigger a massive short squeeze that will rival the 2008 VW squeeze.
Remember, anyone telling you that naked short positions either exist or do not exist are speculating. Personally, I do believe they do exist and I bought the rumor and I plan to sell the news.
Do not trade based on my comments as I am not a financial advisor, this is just my opinion.
GLTA
The $GTII token will answer the question about the existence of naked shorts. The issue of this token will force a share count and expose any naked short positions in existence or it will prove that they don't exist. Anyone saying that they do or don't exist are just speculating. If this count does indeed expose heavy naked short positions, this will be the catalyst for an epic MOASS.
NON-FUNGIBLE TOKENIZATION
This is not trading advice and I am not a financial advisor, this is just speculation.
GLTA
Lol, you ain't seen nothing yet, wait til next week when the CE status is removed and American retail sinks their teeth in this squeeze play. $DBMM
It looks like a perfect storm is forming, $GTII
Boom, nice close $DBMM
Unfortunately not, I tried to buy with e trade yesterday and it wouldn't allow the order because of the CE status.
Nice pop today. Wish this was available in the USA. Watching ?? for the CE removal.
Back in this, $GTII
$GTII cost to borrow is 1300% according to fintel.
From what i'm hearing, no shares to lend!!! Fidelity is scouting and there's nothing to lend. Fasten your seat belts and get ready for a wild ride. $GTII
Nice setup, nothing better than a free ride on house money.
Looking forward to a nice run, $RNVA
IMHO, that was just kindling. GLTA, and trade your comfort level and limits.
No doubt, looking forward to a nice bull run here. $GTII
Things are really shaping up here. Some obvious profit taking/recovering initial capital and still closed in the green. Go $GTII
$GTII (OTCQB) It's a squeeze play and from what I hear, there's only one shorty. I'm willing to bet that a phone call to the CEO would verify the rumors.
$GTII (OTCQB) is shaping up. It's a squeeze play and it's rumored that there is only one shorting entity. Could be worth a call to the CEO to verify, he is interested in squeezing the short.
$GTII , squeeze play in the making. Rumor has it, there's only one shorting entity. The strike price for warrants has been met.
Nice close over 5 dollars. Multi-bagger from this level IMHO. Go $GTII !!!
Attention passengers, this is the captain speaking, I just wanted to say thank you for flying with $GTII on our way to Vegas. We are expecting this flight to be turbulent with very sudden changes in elevation. Please observe the fasten seat belts sign and oxygen masks will be deployed as rapid changes in elevation will affect your heart rate as you look at your brokerage account balances. Please remember to take profits before the flight lands in Las Vegas and please remember that we rode this together as we celebrate our journey.
We are cleared for takeoff.
Looking good ripple XRP
Looking good, the pressure is building. This powder keg is getting ready to explode in my humble opinion. $GTII
I'm inclined to agree, I've also experienced a few other scenarios that could explain that cross trade. Regardless, no worries, I've grabbed some shares and just observing. More like whale watching ??.
Agreed, sometimes mm's are just moving shares without affecting volume (or something like that). It's just something to keep an eye on.
I think this is going to pop soon otherwise, this wouldn't be on my radar.
Best of luck to all and happy trading.
Another t trade printed for 500k @2.24