OTCQX:BGMZF - Post by User
Comment by
DDocon Apr 06, 2013 3:04am
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Post# 21219584
Short Squeeze on OTC
Short Squeeze on OTC Assuming great numbers;
If the price only goes up on OTC will the brokers force the shorts to settle at any OTC price? The volume available will be very low and a squeeze would result. Or will they wait for the CTO on BGM to be pulled? Either way I won't be able to sell my shares for $100 because the OTC is not available to me. When the CTO clears, the OTC squeeze price will fall immediately to meet the rising BGM price.
There will then be a BGM squeeze, but nothing like the possible OTC squeeze.