Master shorters want to ride this to zero
Confirmed by the wannabee lawyer/short seller playing stocks. She's "in bed" with this thing big me. No pee break allowed! LOL
But at these prices, that's when the buyouts happen. Overly or covertly.
The shorties have been able to reduce this large cap to a $455M USD company market cap. Incredible.
The shorties also got their capitulation from what I can see, nothing is budging this on the downside now. It's a dried lemon.
Now comes private equity and buyers going, "YEAH! just $455M market cap. we can take this on." There's a point where the companies get beaten up so much, they become highly attractive to the other camp for a take over.
Shorties will only focus on one side. Watch for that. I have to admit they've done a great "job" here - makes me wonder when governments and regulators will start regularing short sellers. The whole thing is a bit of a mess. And please, not crying from shorties saying how beneficials you are, man up! You're a cancer, we all know it and when I short, I man up. LOL
Sorry for the ladies and cross-dressers on the "man up" thing! ;-) LOL