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bell345

06/26/19 9:22 AM

#53 RE: Michael-Goode #52

Yup, I agree, just saying

They know shorts are in and once in a while they will try the squeeze.

236T568

06/26/19 10:37 AM

#54 RE: Michael-Goode #52

Yep, and the LOTE and LEXG short squeezes were due to the market maker taking a big risk by shorting in big volumes



Oh yes. LOTE and LEXG were even bigger short squeezes. To get those though you need to have few (or just one) insiders dumping shares and overconfident (and large) shorts to squeeze. 99% of the time it isn't worth the effort -- insiders make plenty of money just dumping shares into the promotion that they acquired for almost nothing earlier.

Re: LOTE
https://www.goodetrades.com/2018/04/finra-reaches-decision-against-broker-wilson-davis-co/
https://otcmarketresearch.com/bpth-short-squeeze-kills-market-maker-mica/