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Re: ssc post# 360901

Friday, 05/24/2024 9:23:09 AM

Friday, May 24, 2024 9:23:09 AM

Post# of 367195
You said,

Sellers jump in any time price approaches $.005



Yes I know. short sellers jump in any time price approaches $.005, because a penny or two above that will result in a short squeeze. That's compounded by the fact that the milk the shorts strategy further reduced their margin call price.

Now they're going to try to escape if it runs to 10 cents, but what I'm saying is this thing is going to run to dollars because everyone will wait out the T+3 days after the run up occurs.

At the end of the day, you can only look at price and not value at your peril. But if we get a deal that values us at 20 cents or more just for block 4, you're not getting 10 cents and the squeeze effect will take us into dollars.

Krombacher
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