I'll explain it and it is quite simple. A very large short position was taken offshore after the financing deal in 2007. It shows up on no books. It was also naked shorted with reckless abandon off shore and it also avoids ex clearing of the DTCC. At that time, several individuals were employed to hit the airwaves and talk negatively about the company at all costs to drive the price of the stock lower by getting retail investors to sell. What you're seeing now is a culmination effort of covering those off shore short shares at this depressed price along with a resulting accumulation effort to go long on the stock's next subsequent run to the upside. It all came to light through what they believed was a hidden paper trail when they had DKAM improperly listed on 4 exchanges in Europe without the company's consent. Once WE made the company aware of this impropriety, the stock was subsequently delisted from those exchanges but the trail remained and the perpetrators recognized for FINRA prosecution. It's just a matter of time now before warrants, etal, etc, etc. So, keep up the good work!
News 
Market Data 
Discover 
AI
