PCT Ltd (PCTL)

[AllinFun]

That’s not the short interest that matters. MMs are regularly short on many stocks. Especially after big moves due to filling orders without a supply. And when they are selling shares hand over fist on the way up they must cover that short interest. There is definitely no short interest to speak about here. This is just plain and simple a company taking on loans at ridiculous conversion rates when thinking about the revenue and market gains they’ve had in the last year. Terrible financial management, good news is they are in the right market at the right time and hopefully that saves the bad management. I have a feeling they will do well regardless of their terrible management abilities. We will see how it goes.