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Monday, April 16, 2018 10:18:27 AM
COR and Alpine were the last two clearing firms that cleared penny stock deposits. Well last Friday Alpine announced effective immediately they will no longer accept deposits of large toxic note conversions into market. Done, over, finished!
Some of these toxic funders, or market makers, would short these stocks KNOWING they could always cover any short position by using the shares from a note to cover...that is gone now!!!
If anyone was shorting these stocks they are now on the hook to cover with their own cash, or risk losing a ton of their own money cause they cant use note shares to cover anymore.
I can almost bet thatw as the volume we saw Friday here as SWRM trades like some market maker is short here...BURN HIM!!!
If you have a short position you dont have toxic note shares to use anymore...buy back now lose all your money!!
https://www.thebasilelawfirm.com/single-post/2018/04/12/THE-FRIDAY-THE-13TH-CONVERTIBLE-NOTE-MASSACRE
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Sweet Crude's - Low Float and Chart Plays (please join)
http://investorshub.advfn.com/boards/board.aspx?board_id=21852
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