my friend, it's about DD here and that's it.
I many times bring DD to the table and here is no different. You have to reread my recent posts on the short subject to get my points.
When you have a real SI of ~1M on a penny stock with such a low SS just a month ago, that IS significant in MANY ways. In fact you would be hard-pressed to find me many other such similar examples of a pps this low. As is seen in the next reporting, there was a significant cover (which can be seen on the chart) and then the latest report shows a re-increase in the short activity once again to back over 300K+. Since each report is a half-month behind, and given the chart here in the last 15 days, a good bet is that 300K+ has gone higher. But for a penny play (pps ~.01) to show anything even near 1M sh SI in any given single reporting, that is significant just by itself. It tells you there is an active entity who has that many shares accessible at any given time. That's for one rare, but for two it also shows active intent and strategy.
But even if it hasn't increased from the 300K+, that's not the point of my DD. The point is, it shows that a "real" short interest has had a hand in the lowering (or containment) of this pps while the next steps from the company are awaited. And that's something one would expect from a real stock. 300K sh short on a penny stock that averages .01 is actually something significant with such a low float and thinner bid depth most days as is here. But what matters more is how/when the shares are being used and not the actual total $ amount. And it also means the stock IS being "played" down, which is a significant fact on its own as most pennies are not being "played" down, they are being "diluted" down.
Yet many similar outcries by posters elsewhere use the old FINRA Daily Short Share Report to prove their claims of shorting (erroneously). We're not doing that here. We're going with the real deal via real DD.
I think you mistake my actual sentiment for trying to promote some kind of false MOASS...of course anyone knows that is not what will propel this stock with these SI Levels. The expected news will. These SI levels CAN however "contribute" to a higher moving price if they are forced to cover very quickly. That was my point. Contribute, not create by themselves..and I'm pretty sure most peeps read that except for you.
Knowledge of the facts is power. My pointing out the higher-than-many-penny "real" short interest here (and ACTIVE short agenda) is part of the facts. It's higher than many, even those with SS's much higher. So this can only be seen as a positive for longs. That was my point.
