Post by
15Stanmore on Jan 29, 2021 11:41am
Time for the Reddit gang to short squeeze BTB?
Apparently the Reddit warriors are searching for Companies that have been targeted by short sellers in order to target them for a short squeeze. BTB has carried between 4 million and 5 million short units over the past 12 months, even when the price dipped all the way down to $2.30 when you would have figured short sellers would have covered their positions.
We should point them at BTB and get them pushing the price up sufficiently to get the January 15 2021 balance of 3,989,712 units shorted bought back.
Wishfull thinking perhaps, but stranger things seem to be happening all the time in these crazy markets.