InvestorsHub Logo
Followers 24
Posts 1945
Boards Moderated 0
Alias Born 08/31/2018

Re: ITYS post# 44983

Thursday, 01/16/2020 8:25:04 PM

Thursday, January 16, 2020 8:25:04 PM

Post# of 61227
if you are short 100 million shares and you try to cover the price goes up, it is best to try and keep it down here and eventually get paper to cover your shot cheap. once enough time goes by and people keep buying it will become difficult to keep the short position and eventually have to buy in open market.

The toxic was told we need more funding before we closed the Reg A, they sold short to the market thinking they get paper to cover... OOPS.

Now if the price goes up then it take lots of cash in margin to keep the position. So let's try and break the company or force them to do a new REG A... OOOPS.