That's the life long question of every scam where shorts are blamed for a falling share price. If the mantra is, no one is selling because PTOI or name any scam (here), is a soon to be conglomerate of whatever they are selling, you need an excuse for the ever falling PPS.
The perfect excuse is to blame something other than the piss poor performance of the scam, and use some idiotic short theory using the daily short interest.
A little look at the long history of this crap science leads me to believe PTOI will someday have a FKA preceding their stock symbol.
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Those are shares that they borrowed, but didn't, and sold them, then manipulated the price down as we have seen.
Now they have a real problem in that they have to COVER that is they have to buy the shares back that they borrowed.
So, let me try to understand the logic. They borrowed shares without borrowing them, then sold them, THEN drove down the price via other methods. Now they have to buy back shares (that they didn't borrow).
If they didn't really borrow the shares before they sold them, why would they need to buy shares to return (NON-BORROWED) shares? To whom would they possibly return shares?
And, how do they make the price go down without constantly selling shares into the bid?
And, ultimately: how did the evil shorts KNOW beforehand that Bordynuik/Heddle were going to be such knuckleheaded wrong-way fraudsters?
Wouldn't ANY kind of positive revenue/profits have crushed all short sellers (both Real and Imaginary)?
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