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Re: WhichWayToday post# 3064

Friday, 07/17/2020 12:28:17 PM

Friday, July 17, 2020 12:28:17 PM

Post# of 3164
Yeah at the time I think WTRH was float was sold 62% short when I first discovered it. I jumped all over it when it hit $.24-.40 and there was only about 60 mill in the float then and their bad Q's seemed behind them. Since the rise they have done 2 ATM cash raises to pay down debt and have cash on hand. Now they are stronger then ever before! Their business was solid it was just muddy for a while and shorts took advantage and crushed it to oblivion. But management switched up dropped the losing parts of the co and (with some help from pandemic) went big.

In the same way Pareteum is still in business, but shorts crushed it because of bad leadership i.e. poor accounting accountability etc. It's still muddy, but management is switched up, short interest was pretty high and now it's dropping, NASDAQ granted them extension, they keep adding customers w/details not disclosed... I see this playing out very similar to Waitr.

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