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Thursday, January 14, 2021 12:14:03 PM
In large part, we are at our share price, because so few have fully read the docs. Plus it doesn't help that non existent short sellers have sold over a billion non existent shorted shares, which has had supply of shares outstrip demand from those who have read the 400 pages.
But the beauty of it is that now these non existent short sellers are in a box they cannot get out of. This is why non existent short sellers aren't going to worry so much about current shareholders as much they would worry about any NEW shareholders who might actually read the 400 pages.
If new shareholders come into the fray, the short squeeze will be on. But we do NOT need new shareholders because once the deal with Kosmos is announced which allows us to go forward with Total, the non existent short sellers will be handed their ass.
The caveat emptor status unfortunately locks out a lot of potential longs, but all that does is create value for those who see that asymmetry.
Krombacher
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