Be CLEAR-Co. does not buyback w/pend. R/S
Business wise it makes no sense for a company to buyback shares and also promote it with a R/S pending. After SMMW hired same firm as PAIV, were instructed to buy back as many shares as possible. Only 10% of daily volume can be bought back by a company at a time. If you check the level II shares bought, you will see consistent 9M share purchases at .0001/.0002 all day. But, many traders seemed to be able to not pick up any shares at this price. Accumulation going on. Naked shorts panicking.
SMMW committing $400,000/@ .0001= 4billion shares is just the start. Interesting how right after hiring the same firm as PAIV, SMMW commits to large buyback. This stock has been naked shorted to the max, and yes the price has not gone past .0002 in last 5 days, but check accum increase over those 5 days. Huge accum. and added strength in technicals. Even PAIV took awhile to finally pop. PAIV had such a pps increase because naked shorts had to cover and PAIV bought back a huge % of o/s.
And such a sweet sign is the big increase in bashers, all somewhat new to the board. Shorters hire bashers and bashers are paid by performance. Even paid by how many post responses they receive back from their posts.
How much of shares are naked shorted? All bashers say too many o/s for price to increase. Many stocks have skyrocketed with 10 times the o/s this stock has. The biggest point is SMMW has hired the top firm to directly go after the naked shorters. My take is CEO of SMMW will look wherever he can to find $ to buyback even more shares, creating bigger short squeeze. Already determined by Buyins.net that short squeeze trigger price is .00015, and at the current o/s level.
Only a matter of time for upside IMHO.
GLTA, Best Regards, not a buy or sell recommendation,opinion only
