Sure, 50% of the business would be a lot better than zero percent but I never thought that CCME is a complete fraud. There is a business no doubt about that. Regarding the short squeeze. You better hope the investigation confirms a lot more than 50% of the business because with only 50% the stock would open at about 5. I'm not saying it can't go then back to 7 but it would open pretty low because who would trust the company from there on out?
At this point we dont need "clean," we need somewhat clean, thats it... 50% clean would cause a significant short squeeze imo, which allows us long suffering longs to get out in shape..
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.