Fortitude Group, Inc. (FRTD)

[Taylor Orion]

It isn't quite so dangerous when you know the average liquidity, and can control the price for a significant time. Also, the MM's can't help but to naked short sometimes, just because they are supposed to be providing the accurate market for the stock, even if they have no shares to sell. They get locked into the just keep short selling until you get yours covered. With an aggregate of short sellers and flippers, the risk drops substantially. The stock has to gap up hard to catch them in a short squeeze. They can also keep making the price look lower, hoping for a washout, since the volume is pretty low. Their walk downs take much less shares with low liquidity. I would imagine this afternoon shows some action, if there are shares left to cover, and tomorrow all calls should be in. I don't think anybody would want to hold a short position over the long weekend. Especially if the DD is done by the other company early. I can't say that I am positive this deal is completely authentic, but the restatement on another PR winds him further into a trap if he is in fact putting out fraudulent information. This makes me think there is a good possibility it is real.