It's funny how disconnected many are from what's going on.
Shorts borrowed and sold 20 million shares, which someday they need to return. They said it wasn't stable, they were proven wrong, they said poling was an issue, wrong again, they said it couldn't be mass produced in a foundry, wrong again. Now they are saying, but the foundry isn't big enough. Who cares? There are 10,000 modulatos on a wafer and at least 13 wafers per foup. Oh, and when a deal was announced, the shorts said, but the deal is only with a small company. Data released by the company, and now they have moved from concentrating on small companies to concentrating on large ones. And through pure B.S. they convinced some to go along with their rhetoric and join their crusade of dissing the company.
Stock prices move up and down that's what they do, this shall pass.
Weird this is what we are waiting for, and some are selling. I guess some think that first you land the big contract then you figure out a foundry? Not me, I kind of understand that you need the production in place first. Whatever, it is exactly what the shorts need to cover. You can't make this stuff up.
X. Let's see what the week brings. I don't see many shorts covering, though, so more than likely, the shares sold went to the institutions. The shorts have one more technique to use. Lebby has cards lining up as well. Xciting.
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