Thursday, March 21, 2024 12:31:54 PM
It's crucial to grasp that TMMI was a targeted company initially deemed unlikely to survive. The ongoing naked shorting of TMMI's stock is no longer solely driven by profit motives; rather, its primary aim is to perpetuate the manipulation of price and momentum. Over the past few decades, the accumulation of naked short positions has reached such magnitude that the mere act of covering them could propel the stock price to extraordinary levels. What sets TMMI apart from many other shorted stocks is its resilience in withstanding the onslaught of naked selling that occurred years ago, managing to survive without resorting to the numerous toxic lenders that often precipitate a company's downfall when funds run dry. This resilience is rare among public companies, which frequently succumb to the insurmountable dilution accompanying such financings, leading to their ultimate demise. This is why we see these intermittent spurts of volume followed by negligible trading sessions due to a lack of available shares; it is to prevent the stock from gaining traction with the retail public.
This is what makes TMMI a rare company - a "Unicorn" so to speak.
Let's hope this recent price activity is an indication of better things to come for us long-suffering shareholders.
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