A lot of RMIL longs but an admirable amount of effort into trying to get an accurate count of how many shares they collectively owned (plugging their ears to the "bashers" repeatedly tell them "The company's lying to you") and had determined (with the help of some creative assumptions) determined that more shares where owned than the company said existed.
Perfect recipe for a short squeeze.
But it turned out the company had been lying about the number of shares out. And helping foster a belief that evil naked shorts were harming their share price when the fact of the matter was that the company itself was doing it.
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