Red that part has been thrashed too. I believe you and I see eye to eye almost all the time so there is no argument here. We simply do not know the true story yet because this is a Pink nightmare. I put very little money in just for the fun of it. It's been a good drama so far. The get shorty thing is one of my all time pet topics. I do know from personal exposure that it exists. I always wondered why no one could trap the shorts. But I believe the shorts have been nailed many times in history but it never got the publicity. I remember where one group from Victoria bought ALL of a warrant issue that was due to expire. It did and the group demanded all the warrant certs anyhow. The Stock Exchange said NO DELIVERY. The Victoria guys held their ground. Then the issue disappeared from the headlines. But the ring leader was seen ever after with nothing but a very big smile on his face. True story .. Ardo B Warrants .. David Elrix.
If those purported offshore naked shorts are buy side professionals, they have to pay margin and maintenance like anybody else. And for a stock in this price range, those costs would be astronomical.
Well if the Shorts are off-shore its going to take many years to prove all this and find out who they are