PHI Group Inc (PHIL)

[stockrockin]

Who would sell at .05 if they knew they could get .50 lol This concept is why lets say, people of meme stocks, try to get day traders to stop doing it on those stocks.

It's not because they are trying to control someone else's way to make money etc. It's because when you day trade the stocks and not hold the shares it gives MM's an opportunity to manipulate the shares and making a few disappear each time a day traders order is placed.

Over time, mm's could get rid of all naked shorts without ever leading to a squeeze. Same would go for legal short positions.

Even slowly taking a loss would be better than a forced margin call.