So we are all waiting on a short squeeze (again) still?
It would have to be a massive run to go from .01 to .25/$1.00/$3.00/$15.00. We could always start a rumor like Rufus and CSHD cleared by SEC upon proof of bond ownership, then watch the price soar...LOL.
Why would hedge funds pay that kind of money if they could simply naked short? I guess those hedge fund guys aren't too bright.
Probably because they're too lazy. To avoid being caught, they would have to hide the activity by either colluding w/ others (which may end up costing them the same amount) or creating a big distraction. The latter can be done very cheaply by attracting a bunch of NSS diehards. Regulators will think these folks are more wackos and do nothing.
It would take a lot of energy though to keep such a group on message and move them to each desired target on a timely basis. One has to watch out other hedgies don't steal them.
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