Tingo Inc (TMNA)

[snow]

bilvo

"Everything says short squeeze, volume huge, huge % gains up 60% in last 2 days, high interest rate, lack of shares to short. Look at that chart over 1 million to short before, even 2 weeks ago 700,000 now 6,000."

I find the reasoning here unconvincing. One million shares to short is repatively speaking peanuts. The reference is to legal shorting as far as I can see. Up to 27 million shares traded in one day. Tens and tens of millions of shares have traded in a few weeks.

My impression is that months ago management referred to shorting and that would be looked into. That was hardly legal shorting but illegal naked shorting. It would have seemed to make good sense to start naked shorting before the question of merging the two companies arose. The NASDAQ company had a dismal past with big losses. It made good selse to expect that this company would lose its NASDAQ listing and eventually founder. The short squeeze ought to have started many months ago the way I see it,