That was a good post. My play here is just for the squeeze. I have no problem waiting. If the scenario on your post happens, credit has to be given to Love Pink. Love Pink had it all figured out early. I made money on GTII as I traded it several times selling most shares at .97. I made money on a company with no fundamentals. At least DBMM has some revenue. I know friends who short stocks which I do not do. They made money on Paypal, Peleton, and others. Have a great weekend!!!
What I am trying to understand is how is Alpine and Kramers still in business and still haven’t filed bankruptcies. Also looks like IMHO DBMM management is waiting on these bankruptcies
Really?! What could possibly give you the idea that they are "waiting" for these BK's to occur? What EXACTLY is DBMM "waiting to do"??
What I strongly think is that the MOASS will happen very suddenly, thereby causing a sharp DBMM price rise, when least expected because IMHO maybe Alpine and Kramers might already be bankrupt and it may not be public news and maybe IMHO DTCC is figuring out how to cover the naked shorts in DBMM. This large covering as predicted by many in the range from 700+ million to 5 billion will cause a lot of volatility, as many will take profits at several points during the MOASS and keep the remaining to sell at higher price levels of the MOASS.
Anyway the bottom line is the MOASS is very close.
That is TOTALLY off the wall! The REAL bottom line is that the "MOASS" is NOT anywhere "close", because you have to have a short position for there to BE a "MOASS" - DBMM has ZERO shares short of ANY kind!