RE:RE:RE:RE:RE:RE:RE:RE:RE:Today’s tradingWell said, WK.
One point on short selling. Short sellers sell stocks that they feel are overpriced.
I can understand BITK being shorted at $2 because it was sky high and they made money doing it.
But now @ 20 cents to believe people are still shorting it is a pile of doo doo.
There is no money to be made short selling at 20 cents.
Shares shorted as of Jan 31st is 30 thousand.
That's nothing for a compnay with 17 million shares.
Too much dust in the wind.
Hoping to see a clearer picture soon.
GL