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Alias Born | 04/29/2008 |
Friday, July 15, 2016 6:43:39 AM
The toxic lenders do 'short' all the time, but that's because they are guaranteed a cover from the company at a profit. So they're not true shorts.
All the "naked shorting" and "offshore shorting" and "MMs shorting" are BS designed to get people to buy the stock, usually from the toxic lender.
The only ones making money on TEUFF at these prices are the toxic lenders and perhaps a few $ from retail flippers with excellent timing.
If the shipping industry recovers over the next 6-9 months, I think TEUFF will be a good stock to hold. If not, it's probably a total write-off.
It's all in the hands of the business at this point.
TA - Over $500 million in toxic funded pump and dumps exposed and growing every day!
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