Actually, shorts want to see a long, medium and short term trend well in tact. If the price had continued upwards from Jan/Feb, then I would be long as well. But it didn’t. PPS gravity becomes a tough cross to bare with longer timeframe issues - plus no insider buying, insider trading violations, and the fact they were on the verge of bankruptcy last year.
What has happened after EVERY equity financing in the last 10 years. Obviously they were hostile funds who regained their money’s and then some by shorting the stock. Why is this? A valid question upon which no one except good ole Magnus wants to speculate about.
Don’t be a goldfish taking on a Meg. Unless ya like to be nibbled!
Wonder what 66’s inside scoop is saying right about now.....
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