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Re: randychub post# 34685

Sunday, 01/31/2021 3:31:53 PM

Sunday, January 31, 2021 3:31:53 PM

Post# of 44690
I doubt the short interest is that high. I would say it is around 50 million. But nevertheless, having high short interest may sound good and positive for those expecting a short squeeze, but there is another side of this medal. Institutions which were able to short an OTC stock may continue doing it to keep the price down. In our case it will be easy due to a high OS number. So i would not be too excited about high short interest even if it is true, countless viable companies were ran to the ground by shorts protecting their short positions.
Just my opinion of course. I don't want to see a high short interest.