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cowtown jay

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cowtown jay

Re: dloggold post# 39341

Thursday, 05/18/2023 1:18:22 AM

Thursday, May 18, 2023 1:18:22 AM

Post# of 43161
If we forward split at 5:1, I think those shorts that are naked are going to have to buy 5 shares for every one share that they are short. And it appears that we already have >90% more shares in the market than the company has issued. "Zero price rise?" I think you might need a telescope to see how high share price gets.

Take this FWIW. I haven't seen any literature dealing with the effect of a stock split on naked shorts. So this is just me sharing my thoughts on the subject.
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