RE:RE:RE:RE:RE:RE:RE:RE:Calling a $.06 bottom I doubt there is many shorts here now or new shorts being created. Its pretty much cooked.
Expect a pop here at some point but its not a structured high probability play. Its a gee I think and hope it will pop up here in an oversold romp.
There was nearly 14 million shares short at one point. They are kicking themselves too but at least they got the money. Unlike the ones who are kicking themselves for holding all the way down.
And with regards to crypto. How can any business function using it? You never know what its going to be worth in a month or a year. But you will accept this as a medium of exchange for goods or services? If they do they are basically nuts in the area of commerce. I will sell you this item/service today and in a month that cash will be worth half? Or maybe double? Its a way to volatile other than for trading on exchanges. Its never going main stream until this volatility is killed.