Re "Shorting a Revoked stock?" -- no ... that's not what T53 is saying.
The claim, or suspicion, is that it was shorted before it was revoked.
Since Nixon hadn't been filing, anyone who knew the rules about filing would have been able to place a near-sure bet with a short position against WCVC that it would get revoked before the stock price ever recovered.
Since revoked stocks almost never return, the expectation is that the shorter will never have to buy the stock back to cover because it will (hopefully) never return to trading.
[Also, a rule change was going to send WCVC to the expert market, which was supposed to be as close to near-death as a stock could get before being revoked.]
So, everyone claiming that T53 is talking about shorting this stock while it is revoked is promoting false information. Those claims may play well to some audiences, but not to those who know the facts.
Joe - Why do you say that T53 is claiming that anyone is shorting WCVC while it is revoked?
