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Re: Michael-Goode post# 52

Wednesday, 06/26/2019 10:37:30 AM

Wednesday, June 26, 2019 10:37:30 AM

Post# of 105
Yep, and the LOTE and LEXG short squeezes were due to the market maker taking a big risk by shorting in big volumes



Oh yes. LOTE and LEXG were even bigger short squeezes. To get those though you need to have few (or just one) insiders dumping shares and overconfident (and large) shorts to squeeze. 99% of the time it isn't worth the effort -- insiders make plenty of money just dumping shares into the promotion that they acquired for almost nothing earlier.

Re: LOTE
https://www.goodetrades.com/2018/04/finra-reaches-decision-against-broker-wilson-davis-co/
https://otcmarketresearch.com/bpth-short-squeeze-kills-market-maker-mica/
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