Replies to post #7206 on Global Tech Industries Group Inc (GTII)

[noradio]

MMTLP was kind of unique situation in that it was going private but FINRA slapped a U3 halt couple days before it was to stop trading. But if you really think these stocks are counterfeit but no one will cover the positions well then you might as well quit the stock market all together.

[jaiguruji7]

Below is what I think IMHO, please do your own due diligence.

1) When Alpine is Expelled / Goes out of Business / Files Bankruptcy, then the naked short sellers Kramers will not cover and will file Bankruptcy.
IMHO, There are 2 legal cases going on one in UTAH and other in the District of Columbia, whose results we are waiting on.

2) The above will result in Kramer's naked short selling of GTII to stop or slow down, as they were using Alpine as the Prime Broker to naked short sell GTII.

3) Since neither Alpine nor Kramer's will cover GTII naked shorted shares, IMHO DTCC HAS TO COVER them as per Law.

4) The above will result in a major short squeeze of GTII stock.

IMPORTANT POINTS TO NOTE:

a) Alpine will most likely FILE FOR AN APPEAL TO PREVENT THEIR EXPULSION, BUT THIS MAY OR MAY NOT PREVENT THE SHORT SQUEEZE.

b) There are some talks/rumors going on about the fact the GTII has some large deals, that could add large amounts of revenue to GTII, and these could alone lead to a short squeeze, as they will tremendously increase the GTII VALUATION, WHICH WILL ATTRACT LARGE INVESTORS TO START BUYING LARGE VOLUMES OF STOCK THEREBY CAUSING LARGE GTII TRADING VOLUME AND CAUSING A MARGIN CALL AND HUGE PANIC AMONG SHORTS THEREBY CAUSING A LARGE SHORT COVERING, THEREBY LEADING TO A SHORT SQUEEZE.

Please note that this is JMHO. Please do you own due diligence.