While there are these posts that is not profitable to short penny stocks, there is a lot of illegal stuff that goes on. So why wouldnt there be inside ways to short stocks and not pay the fees per share. I could see it. Wallstreet is pretty corrupt. So I see it all day long. IMO
I agree there is irrefutable (did you snag that term from Janice?) proof that many do not understand those short volume numbers are a way a trade is marked and has nothing to do with shorting a stock.
But it is one of the many excuses out there that gets used when some are unwilling to accept a company is diluting MASSIVELY and they made a poor investment decision. Too bad the T/A is gagged and the company doesn’t post undated numbers on the OTC site. You have to wait for the next filing to see what was already done.
When ( and I do believe it will happen here) a reverse split occurs more excuses will crop up - like it’s a good thing. Then the dilution starts all over again.
Stunning and sad to watch this happen over and over again and people never learn.
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