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Friday, January 20, 2023 4:52:04 AM
Yes it's kind of the point of a naked short. It is all done behind the scenes. No question it occurs. But the signs of it happening and how extensively is impossible to prove until it positions are covered. Then there's no doubt.
There has been plenty of time to dispose of these trades that are thin air in the greys. Everything that happens in the grey market is back door. Doesn't mean it happened but spouting "but Kramer did it" is irresponsible. He is garbage and very possible he acted nefariously in DBMM, it's his mantra.
But even if he had billions of naked shorts here, he and everything he has is not worth even half of a billion. Exactly where does anyone think the funds to cover are coming from? The SEC going to make you whole?
DBMM will pump on news, if any NSS are still present they will be more present. If the vast majority hold off taking profits price will rise. But $2 is not realistic at this point. I hope I am wrong but I don't see any path there, outside of conjecture and assumptions based on the fundamentals of another circumstance.
What is needed is 10x the volume, not 10x the single sentence thesis.
Recent DBMM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/15/2024 08:30:45 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/16/2024 09:32:32 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/29/2023 09:31:08 PM
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