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TenKay

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TenKay

Re: SmellMyFinger post# 63016

Friday, 08/11/2023 1:13:06 PM

Friday, August 11, 2023 1:13:06 PM

Post# of 71202
The idea that someone shorts a stock to drive the price down for their own ends makes about as much sense as someone buying trying to drive the price up.

It’s a bet. Either a bet that price will go up or a bet that the price will go down.

A reverse split HELPS a short because it immediately reduces the margin requirement…it’s doesn’t “counter” the short.

And the only meaningful shorting on this stock has been from the financiers shorting against the box on the equity sales agreement.

Which makes Michery’s “shorting investigation” even more laughable.

1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
3) Am I a paid basher?
Answer: Wait…what? You can get paid for this?

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