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Re: stervc post# 20595

Monday, 01/24/2022 8:10:18 AM

Monday, January 24, 2022 8:10:18 AM

Post# of 23342
With you Sterling. As I posted on this earlier the cash dividend and followed by 1:25 split is a brilliant way to trap naked shorts. First one (cash dividend) forces to account for every legitimate share and exposes illegal naked shorted shares and the following 1:25 split puts tremendous pressure to cover soon. Imagine if the shorts have to cover 25x their naked short position and that too if post split shares trades in penny range. Time is really running out for the naked shorts to cover. I really think that is what triggered the huge buy on thursday and we saw how fast it moved due to tremendous buy volume that came in. This could make a historical move this week and next couple of weeks