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Smitty5150

06/05/24 2:25 PM

#696375 RE: jesster64 #696352

Sure they do, as most of these private placement deals end badly. Desperate for money the issuing company strikes a deal, the buyer gets the shares, rides it up to the profit % they want, then short it back down. Do this 20 or 30 times a year and its worth millions. The CEO of Sio just stated in a Youtube video/interview is firm as a max short position. But some here think this is the savior and they are looking out for NW's best interests. Laughable. This will end badly when the shares get dumped on the open market. I say this because NW is not in a position of strength at this moment in time. So they take what they can get and hope for the best. I hope this changes upon UK approval.

As far as this fireman dude. I kind of envy that he takes up so much space in the heads of everyone here. Retail investors on Ihub are a weird bunch for sure.