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Monday, October 30, 2017 4:13:52 PM
There was no short squeeze.
Not only is it next to impossible to short a sub penny stock, shorting is done at a top not a bottom. If there were shorts it was after the 43-101 was released but that drop was just a dump.
Look at the board around may 2009.
Right about the time this started climbing.
Then take a look at august.
A completely different set of names in the list.
Those pumping in may are gone in august.
The current longs mostly show up after the spike as bag holders. Very few were posting prior to the pps climb.
By August the talking heads here were all convinced they were rich. They all brushed off the CTO as no big deal a year later.
Now they ask what legit shareholder would buy this stock with its CTO and illegitimate management actions.
I would say the answer is that they are the ones who would invest in a scam.
They have invested and continue to.
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