InvestorsHub Logo

CEOA1US

03/20/20 8:32 PM

#4121 RE: rabbit3 #4120

its hilarious that you think these are regular shorters. These are the noteholders. They get all their shares at 58% discount to the lowest traded price, so 58% of 2c is their conversion price currently. With volume increasing they shorting by convertible noteholders will accelerate. This will again be sub penny standing soon enough.

work-n-hard

03/20/20 9:55 PM

#4122 RE: rabbit3 #4120

I’ve watched this close enough to know that, it’s not been shorted. It has simply dropped, slowly, but surely. There might be a chance for a flip or two, but I don’t believe there is near enough trust, for this to stay above a penny long term. AJMO

I-Glow

03/21/20 4:39 PM

#4123 RE: rabbit3 #4120

No one shorts penny stocks as it isn't economically feasible - most are confused between short volume and short interest.

IG