Could happen you never know, for GNS we were in the 80 cent range and now in the 40 cent range, so another 100% haircut to 20 cent range can happen. Wouldn't that be a great price to get a huge profit on the short squeeze, which will happen at some point not if but when.
IMHO The naked short covering of multiple naked shorted stocks will be a TSUNAMI, and will give the longs huge profits, and will bankrupt the shorts
and also could crash Wall Street, and a lot of hedge funds, broker/dealers, institutional investors etc... A lot of investors are waking up, the CEOs of naked shorted companies are taking legal actions against the naked shorts and IMHO it is not far away when some very strict regulations and legal actions are going to be in place
against the naked short selling, spoofing etc etc..by the bad actors. They may even ban naked short selling.
Do your own due diligence, this is not financial advice.
JMHO
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