Thursday, May 09, 2024 11:33:14 AM
https://en.wikipedia.org/wiki/Short_and_distort
Also the two times I know of that CEO Scozzafava has been beaten up, the second time in 2019 by four or five thugs, need to be investigated.
When TCEL, which later became CBTC, was cellar-boxed for a couple of years, several on the board repeatedly denied the stock had been massively shorted. Turns out they were wrong, a short squeeze ensued, and the S.P. rocketed from .0001 to .036 in weeks.
“ Securities traded in the OTC markets (e.g., Nasdaq Small Cap, the NASD's OTCBB, the Pink Sheets) are not subject to short sale restrictions. The staff frequently receives complaints alleging short sale abuses involving securities in the OTC markets.”
— https://www.sec.gov/rules/1999/10/short-sales
$$$KEGS$$$
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