This topic keeps going around and around in circles.........some say it is "real" shorting and others try to put forth there solid DD to show it is not of importance as it it really is not "true shorting"! I am referring to many stocks on Ihub that are debating this confusion of FINRA..............there is even a "shorting board" which you can go and rant and rave all you like there!!
My thoughts are is to not even mention it.......it will only create fear, distrust.....to invest in any OTC stock.Especially if it is as bad as this one - "on record"!
So please - I for one request that you stop reporting this information everyday!!!!!
If you are waiting for an outcome from Finra or the SEC I suggest you not hold your breath. As to the accurate numbers being displayed they are deadly accurate. They are the one thing Finra and the SEC do of any value. Knowing they have reached a boiling point on this stock should give an indication of which direction this issue will be going.
Sooner or later the mm must cover. If , as I believe there will , there will be a push starting today they may be forced to cover today. They will try to take it down to cover more cheaply and the shareholders will try to push it up to make them cover.
If the shareholders can keep the point above the strike point for the MM when they are forsed to cover it will get interesting. I believe that strike point to be 1 cent.
As you all know. I do not know anything so please don't follow my advise.
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