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Monday, January 06, 2020 5:34:46 PM
I'll ask the question that has been asked before. How is shorting this stock happening? If I shorted at 0.0001, and covered at 0.0002, I lose 0.0001 per share. Not good. If I shorted at 0.0001, at what price would I cover to profit? I'm then waiting for bankruptcy, and share cancellation, where I don't really have to cover at all (I earn 0.0001 per share). In fact, that's the maximum gain I can make, if I were short, but I could lose much more if this stock went to 0.0004, or to 0.0008 like it did a few years ago. It's a poor risk reward for a short. I don't think share cancellation is happening soon. Shorts tend to be short-term traders, why would they even look at this stock? A short would look for potential profits for them and volatility. It's more likely for whales to look at this stock to buy, and that isn't happening. Skyfall 3 is about to start and nobody is showing up.
Good luck. Maybe with the audit, and if it is released (there is some question about that), then this stock could move. Until then, complaining about shorts is sour grapes (though that's what everyone does on these boards anyway, so I don't worry about that so much).
This stock doesn't show up on shortsqueeze.com, so that could tell you something. Veronica Fox's explanation of short volume also appears to be correct, though that term is hard to search for.
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