InvestorsHub Logo

tdeck

08/09/19 5:11 PM

#611 RE: Genya90 #610

I understand but, they were 862K short on July 15th reported to FINRA so in the next 2 weeks they shorted another 300K or so and reported that July 31st. Since then they shorted it more on low volume to try and break it through 2.75, now you tell me the last 400K that have been shorted in the 2.80-3.20 range even slightly worth the risk?

You realize that is 400K shares shorted 3.20 and under?

That is not a smart risk, I don't care its just not, it isn't rational. Not by any stretch of the imagination.

Volume the last 5 days been on avg 65K a day and Monday-Wed was heavy shorting trying to get it to bust through 2.75 haven't covered in the last 2 days you need to re-evaluate your thinking there Genya, simple arithmetic it doesn't add up. They are in a pickle even to cover slowly they are losing.

Especially with filings happening and Cross River etc, doesn't make sense that its a smart risk.