RE:RE:RE:appears we may have found bottomvulcan123456789 wrote:
your assuming there will be a roll back.... investors need to see some share price appreciation. just to give the shorts a roll back to raise the share price on consolidation would just be a gift to shorts.. and would not sit well with shareholders...and I wouldnt assume you know the results of next 2 q to be poor. we will see progress I'm sure
This is incorrect, Vulcan. Shorts would not have access to hundreds of millions of shares to borrow post split. Shorts like ugly share structures like FIRE has. Its easy to borrow and cover. 50million shares out with a reasonable insider ownership and even a bit of inst. ownership is what scares a short. FIRE has none of these. Let me make that clear. FIRE has a bloated share structure. Zero insider ownership outside of awareded options (currenlty being repriced) and zero institutonal ownership. (unless you want to call MMCAP that.. though they have and will continue to use FIRE as their play thing.
A low float is a recipe for disaster for shorts. You should be praying for a roll back since you have such a problem with shorting.