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Thursday, January 23, 2014 10:35:24 AM
Perhaps the difference is "faith". My guess is that CANN's short interest was verifiable and stated. (but only a guess) Whereas DSNY's is an "alleged" naked short. (but practically understood by investors and company...but not factually proven in terms of size and scope)...
So a hot "player" is going to look at the stats on DSNY and not discover this "huge" naked short...whereas with CANN the huge short interest might have been easily discernable.
In addition...DSNY has 3x the number of shares as does CANN. CANN has 15M shares issued and less in float, infinitely more easy to squeeze.
IMHO...the Hot Hands are expected to participate on a "leap of faith" and end up, if its a dud, with a RS on their hands...and we know where that usually ends up ...at least in their minds...
If there is anyway DSNY could verify factually the Naked Short Position...they could demonstrate to the Hot Hands that DSNY could achieve Huge SHORT SQUEEZE and they could gain the attention it needs to pull it off the price rise to $3.00 for 5 days, before the RS time. PROBLEM SOLVED!
...I know ... some are going to hate me for stating the obvious.
Recent DSNY News
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 02/27/2024 03:14:32 PM
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- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/28/2023 11:01:54 AM
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