Replies to post #14139 on Red Cat Holdings Inc (RCAT)

[investor2004]

Could not agree more. And of course they will get burnt big time if significant news drops. It would be ugly for them. I mean hey, we started post R/S at $4.25ish. So, with this float do we really believe on this board that with major good news this would not hit $20-$30 rather easily with some significant buying pressure and an estimated float under 400k? Especially when the break even for the people who bought at the peak of .185 almost two years ago pre split need $222 a share just to break even here? As you said, this could go rather high because of all the shares trapped much higher up that people are hoping they would not have to take a 50-90% haircut on when they sell. JHHO but of course, we need the GOOD NEWS before anything happens here!LOL That is the "catch" of course. GLTAL.

[sonofahb]

Why would someone short 217 shares at ~1.00? That’s another shareholder leaving. And probably with good reason. Reality is the picture is becoming more grim everyday that passes with no progress shown. It’s not like they are reinventing the wheel here. Show us a picture or something of the damn product that’s supposed to be marketable this quarter!