Singing Machine Company Inc (MICS)

[NobleRoman]

The microscopic float.

So, according to the last filing, NILE has 1,542,000 shares and climbing. Our secondary offering was for 1M shares to Stingray and other long term mind sets in theory.

So that's 2,542,000 shares on just two variables alone. The first a definite known. That leaves only 300,000 shares left in the entire float, assuming no pre-existing holdings of insiders and Stingray themselves.

That's a mathematical impossibility. There's got to be naked shorts having a nervous breakdown right now.

Just today's volume would be 13% of an float that doesn't add up. It must be so tiny that it must be looking something like this if we could zoom in to see the drama unfolding in the short squeeze:

Don't get too excited! The walls maybe stopped, but you are a mathematical impossibility that is still trapped. A landslide realization of a Reddit crowd could make you pancakes in an instant!

Is that NILE buying today? If so, those walls are still closing in on you. Slowly but surely...