Coastal Capital Acquisition Corp (CCAJ)

[blukky]

and one importent point is that a MM can short and this short position will be reported on the SHO list after the 5th day.

My guess is that the bigger short was done on March 1st and March 2th and was listed on March 8th on that list. That's exactly 5 days after the initial short position. IMHO Looking at the PPS this time around we should have reached the bottom in the 0.07 area and now we're off of the list. But IMHO we will be on it again on April 6th or 7th. If so, we'll see 0.05 again in absence of NEWS. I hate it but that kind of scenario could become true. IMHO