We both know that story is not factual. It’s sad that the naked short myth persists. I would have thought lessons were learned in PMPG. One might want to reflect just how many fellow traders find themselves stuck now in .000001 Expert Market scams, with nowhere to go, suffering total losses believing in these false stories of naked short positions that has no basis in fact. Many people get hurt believing those false stories. Hopium will not get one out of a stuck position., not ever.
The following relates to the myth of any short position in IFUS, especially given that Walther has gone non-stop dilution on this stock. 13,033,000 Shares in last 5 weeks
Here is some factual DD brought to another board by KAM
*****Note. IHub quotes doesn’t seem to be working at this moment so I am placing quotation at beginning and at the end. All credit to KAM and I have placed his work in BOLD and copied and pasted his work. I did not author this though I wish I did.
“>>NO RETAIL SHORTING EVER<<...EDUCATE YOURSELVES..SUCH THINGS ARE ACTUALLY "KNOWABLE"
The reasons why shorting penny garbage makes ZERO sense is explained by a legendary expert early in this podcast.
https://claytrader.com/podcast/episode121/ This the second part of a two part interview, so before listening to this one, be sure to listen to episode 120. In Part 1 our guest, Janice Shell, sat us down for a story about one of the biggest penny stock scams in the past couple decades. It was truly a fascinating story that would make a great Hollywood movie; however, in this episode we move into more practical areas of the penny stock market. Janice and I talk about penny stock shorting, dumb excuses, and some tips that any newer trader who wants to get involved in penny stocks should understand and implement. If you are interested in trading penny stocks, then I’m not exaggerating when I say this is an interview you NEED to listen to. Buckle up for some very practical advice!
Janice discusses the unfortunate myth in the penny stock world that the market makers are the evil people who short and kill penny stocks when in reality, a market maker is generally a computer that makes money on the spread of the trades.
Quotes:
Market makers make money on the spread. On penny stocks, the spread is huge. People are conditioned to believe MM’s are evil.
Investing is not a team sport. Do not get involved with teams.
Penny stocks are not investment quality.”
And now about that recent dilution, over 13 million shares…
From poster TBBowie
“ Did you see that Walther's increased the OS by 13,033,000 shares since March 7th??