There was an 11 cent spread all day today...how do you make money in a stock that is range-bound at 11 cents when the spread is 11 cents? No one even knows the details of how finra determines the number of shorts. I still say it is one of the market makers just taking the other side of the trade and holding it in their inventory until someone comes along willing to take it off their hands.
Look people, I and I think all of the long-term posters on this board have been to several annual meetings because we are locals that thought we could make money by buying TOVC stock. Five years ago none of us thought we were be where we are today, but I for one am certainly not wealthy enough, sophisticated enough, or dumb enough to short a stock at $0.50! Especially now when they have plenty of liquidity to get them through at least the next year and the float is so small AND everyone is just holding on waiting for that deal to be announced. I also don't think telling the truth on a message board to what like 20 people is going to have any effect people's opinion...everyone has already made up their mind. Frankly pretty much everyone is so far under water it makes no sense to sell now, unless you want to lock in some losses for tax purposes but buy it back later. I'm long a small amount...always have been. Think what you want, but IMO you are completely misguided and frankly know little about what you are talking about...just blindly trying to defend TOVC is any way you can even when it makes no sense.
AI
