Houmu Holdings Ltd (HOMU)

[thebaseballdoctor]

IMO...There was a lot of shorting going on...with NITE in charge of most of the shorting, the keeping the PPS under .01...CSTI and GSTM were back ups which prevented buyers, for the most part from buying above the MMs that did not want the price to go higher... I believe, without NITE today the PPS would have gone quite a bit above .01...


Shorting record for XMET, which is pretty high and consistent...now, was it just shorters...or the MMs trying to cover their previous naked shorted shares...each has its own opinion on this...


https://www.otcshortreport.com/company/XMET


David Lazur turned a nothing dividend into a clean, viable, no debt company that Wei Tian bought for twice the normal amount...that has a long history with PYCt, MLON, and XMET are all documented with much shorting accusations, documented, and showing signs of a real naked short squeeze happening...as, imho, what we saw again today...craziness with the jumping around with the bid and ask...but, someone did not want the PPS to go over .01...but, we do not know the truth about it yet...


I, personally, would speculate that the MMs were fighting to protect reaching a PPS level that would start what some might think was on the edge of that massive naked short squeeze... Remember, we are talking about anywhere from 20-50 billion possible naked shorted shares...if that 8.3 billion shares goes away, the naked shorted MMs makes this baby fly into silver, quickly...before the Reverse Merger...all jmho, of course, fwiw