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Re: StayHumble post# 3638

Thursday, 12/15/2022 2:21:04 PM

Thursday, December 15, 2022 2:21:04 PM

Post# of 5054
Pump and dumps go up, then they go back down. The short interest on this stock was consistently about 4% of the O/S for the last few months. That's from the only factual data site, FINRA. You don't squeeze 4% of the O/S.
OTOH, a 10 bagger for a pump and dump isn't unusual, and that's what happened here, the only thing that happened here. Pumpers claimed a short squeeze was coming claiming the PPS would go into triple digits or higher, and some naive investors bought it. Now they've been trapped in a private company that's going nowhere. Con artistry at its finest.

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.

Volume:
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