Shorty does not care., he has made plenty out of this turd, if he did not cover last week he deserves to get nailed. Couple of days for the dust to settle and the short can start again.
This stock is nothing but a GE shell game, history has proven this many times over. I cannot get over the number of buyers of this diluted turd over the last couple of weeks, 12000 shares is now worth one come Monday in less than a year and people still think its a good long term trade LOL.
GE uses shareholders buying endless diluted shares to buy new ships and borrow some money off himself at a healthy interest rate as well and then lets another one of his companies manage them for a fee.
This has milked the common holder more times than any stinky pinky i have seen. Where is the SEC to shut this thief down, history tell us more dilution will follow and another reverse will follow.
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