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Sunday, January 22, 2023 7:47:36 PM
Recently a lot of CEOs have been fighting back against naked short sellers in the small cap and micro cap spaces. Of note recently we have seen many otc stocks move thousands of percent off these squeezes, for example $CRTD .06 to 1.70s (almost 3000%) $GTII .50 to 9 dollars (almost 2000%) $DBMM .0003 to .03 10000%! It all has started with companies coming out saying they are going to find a way to expose the naked shorts on their stocks and retail quickly ensues. I have another stock that I believe could potentially have a massive short squeeze event as the company is coming out and openly saying they are in the fight to expose the shorts on their stock. This company universal media group recently stated “We've found a better mousetrap for beating #shorts and #NakedShorts as they can't rehypothecate or recreate. $UMGP investors are going to be VERY happy with our strategy. TBA!” This company has a 3.5m float based on OTCM and recently another stock GNS who took to fighting naked shorts ran from .50 to 5$ in 2 days with a 10 mil float! $UMGP also is coming out with a docuseries on naked shorts and eluded to it streaming on Netflix which would garner major national attention if so. I have seen first hand the naked shorting manipulation on this stock and on Friday many more started to see what’s going on here. With increased volume we quickly saw it jumped 30% and immediately the MM came in to suppress the movement. Management is ready to take the fight to naked shorts and I believe shareholders are in good hands here! GLTA
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