I got another 200 shares today. I admit it may be a mistake but it appears the shorts over did it. The borrow rate is about 160% (was over 500%). The short volume over the last 50 days is 55.85%. Everyone can draw their own conclusions there. I don't expect a company like UTime to show a profit while they're growing... I DO expect sales growth to be good. Finviz show their Q/Q growth at over 97% and insider ownership at 54.64% It closed green both during market and after hours... I think selling promotionally priced smart phones should be a great venture? The sudden drop could have been started by the negative video (I guess that's a true story... I've not seen it) and triggered stop losses. I'm expecting the setup to begin drawing the attention of the meme crowd (maybe it will not). I'm bullish on it. Hope I'm right!
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