When investors who shorted shares -- or borrowed them to sell them with the expectation that they can buy them back at a lower price to turn a profit -- need to cover their positions, it could result in a “short squeeze” or run-up in price related to a lack of supply.
Opaque court proceedings can mislead shareholders. While bankruptcy proceedings are theoretically open to the public, creditors haggle over a company’s worth behind closed doors, and reports that value the company’s assets aren’t made public.
ASYTQ shares, could easily fetch 0.36c per share !!
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