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02/25/20 10:09 AM

#335639 RE: Julius Erving #335638

With the possibility of a carried % and the price going into the pennies or even higher, why would anyone hold shares short when their gain is now limited to 2/100 of a penny? According to the timeframe of the alleged shorting, 1.5 billion shares would have been shorted at $.0003 or less. Basic risk/reward dictates that no one would be shorting at that level.

I get it that given the right circumstances a nice gain could be made from this near zero level. Maybe all the way up to a penny or two. But all this gigantic short squeeze that will crash the financial markets? Makes it difficult to take anything else said seriously.