Longs are, for the most part, getting crushed. How is a short squeeze even possible for this? I don't think any of the metrics required for a squeeze are met in this stock. Sure, based on day-to-day trading, some longs will make and lose money, and the same with the very few shorts who are here. Long term, this appears to be a terrible investment based on what has happened year to date.
Good luck, this may change. The huge dilution here is a factor to the valuation of the stock and company, so I would expect downward pressure on the stock price based on that for some time. Maybe with the 1st quarter report, there will be some indication of the revenue stream, but I think we may have to wait until the 2nd quarter report to know that.
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