Agree. Risk v reward stupid.
IMO, any daily "short" is new shares hitting the market.
My thinking, fwiw - btw, a total, completely unprovable fabrication on my part - prior to Mike taking over, a PP was done to get cash to pay Mike. These shares are being sold on any news.
Seems there are familiar characters in this stock - ones that have done DW's in the past.
But, completely legit.
And, IMO, a R/S is not allowed for x number of months.
Am interested in seeing how transparent Mike is.