Thursday, February 28, 2019 8:10:45 AM
Yesterday's OPTI - SEC Filing news has changed the whole dynamic. Prior to today the stock was going to go lower, however the company deregistered their shares. What this means is the noteholders now have to what 1 year for their 144 vs 6 months. Their is a massive naked short on Opti, the stock has plunged from $5 to .08. For 2 days the stock traded a total of 1.2m shares at vwap of approx .09 cents or 110k of stock. Candidly I did not think this could support all the activity so I bought more at .09. I am hopefully that the company can perform on the fundamental side. As the naked shorts of well over 1m shares on a float of 3.9m!!!! This is the perfect set-up as i was a zero 2 days ago now I am feeling like a solid 9 now !.....all imho,tryz
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