Blum Holdings Inc (BLMH)

[SSCadaver]

I may be wrong about this, but i believe this is saying that people that naked shorted this stock are forced to buy back in if they have not covered their position. To me it sounds like he is explaining the increase in volume starting today, and probably continuing through next week. This is great for short term, but if the people forced to buy back in end up selling, it could force the pps up temporarily, followed by a correction, unless of course the shorts realize they have a winner and hold on to their shares.


Again, I've not dealt with this before, so I'm not positive on this. Also, I believe a lot of this will be ended by March 14th when the new shorting rules go into effect.