InvestorsHub Logo

MallenNV

02/12/21 9:29 AM

#13635 RE: exisnet #13634

RaTrade that looks correct. With a low registered float of only 108,000,000 shares (15% of that float traded just yesterday) and no debt conversion or dilution, anyone who may have shorted GNGR as far back as 2008 must really be very worried.

The CEO and a few associates own most of the issued with the CEO owning restricted shares.

Liquidity may be difficult with such a low float but that usually only applies to a pumped company that needs billions of shares to sell at $.0001 more or less.

GNGR is on the other side of the spectrum. Legit, honest, producing and shipping globally and no dilution.

I think they are on the right path and GNGR has never given up or sold out like others have done.

MallenNV

02/12/21 9:31 AM

#13636 RE: exisnet #13634

MallenNV

02/24/21 2:48 PM

#13867 RE: exisnet #13634

Ra, and all. Keep in mind the DTC shares are the registered shares.

Any shares in the float that no one even knows the number of if shorted or naked sold over the years that are not registered will be exposed eventually.

That is why on many OTC questionable stocks, they post NO DTC share information but you see 2,000,000,000 in the float. That means they could be shorted well above what the registered DTC shares are.

The DTC shares posted are more accurate and more transparent as to an OTC's structure.

If you see an OTC with DTC (no info) and 2 billion float, if the true DTC is only 100,000,000 shares you can see that they were shorted 1,900,000,000

To me from what I have seen is the stock is being dumped higher on the massive short and pump knowing it will tank and be bought back cheap then erased from the float so it matches the DTC registered shares

After the pump and dump the DTC will be posted as the float is reduced after the dilution higher than the buy back for 90% less.

Look for the DTC shares not the float.