Singing Machine Company Inc (MICS)

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I just don't see how there's a large short position. I have accounts at 3 different brokers. None of them have had MICS shares available for shorting since it moved to Nasdaq. Usually at least 1 of them has short shares. Many times all 3. So how can there be a large short position when there's no shares available to short?

If there somehow are a few hundred thousand shares short, those shorts are inexperienced and foolish. NEVER short a low float stock. Especially one where a slimy entity is trying to buy up the float. Anyone who is short could be about to learn a painful lesson.

NILE a savior? Haha they're in this for a quick pump & dump, not a long-term investment. They've got a nice profit right now, unfortunately they can't sell without crashing the stock. Don't kid yourself...there's a whoosh down coming at some point. But maybe the stock can get a pump higher before that happens. That's surely what NILE is hoping.

All I know is that Q4 report is looming at the end of June. It's not going to be pretty. Not that it's Singing Machine's fault. It's just their seasonally worst quarter of the year. No way around that. It's likely going to be a sizable loss on minimal revenue. Will be interesting to see if NILE dares hold into that report.