as much as people say penny stocks are so risky because you can lose you whole investment, I have to say that shorting penny stocks is even MORE risky because shorting the wrong one even once could burn you really badly.
I wonder if these MM's sometimes NEVER cover their naked shorts? I read an article on it that said there could be massive naked short positions out there in space and MM's will try and BK a stocketc. to try and cover....all speculation but I'm willing to bet that that game is played on some of these stocks. Would be nice to get some news here. Did anyone email the company about the expiration of the offer? TIA and GLTA
This volume is much lower than the last 2 attempts. Both of them resulted in an upward chase and a new high. Rubber bands fly when pulled back tight without breaking.
If Weiss steps up with the PR, the rubber band transforms into a sling shot.
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