RE:RE:RE:Shorts Squeeze. Auxly From .12 To 24. Is this what The Short I don't think there are a lot of fundamental shorts around. Perhaps just around the converts since they trade at conversion value.
This is a small cap stock with a tiny float cap. It doesn't take a lot to get it moving but it's hard to find buyers of small cap stocks in general these days unless there is a great story. FIRE might get that great story if it can slide into positive EBITDA over the next few quarters.
johnale wrote:
Transporter - why do you think the ATM has any affect? Last 2 months I believe they sold "0" shares.
they also only really sold some above .30 in prior months.
The shares are sold at supremes discretion - there could easily be a squeeze.
I don't want to cry foul of
manipulation - but it's pretty obvious that hedge funds and shorts are completely managing the share price here and across the sector.
A bunch of names may be on the brink of going belly up here. Zenabis, aurora (looks like it's on a death march down), Vivo needed cash and may not get it, tgod and a host of other names.
Lots of facilities may be for sale soon.....
value of supreme needs to be shown through its earnings, profitability, operations, and sustainability of its brands.