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BBTV Holdings 7 Unsecured Convertible Debentures T.BBTV


Primary Symbol: T.BBTV.DB

BBTV Holdings Inc is a media and technology company. It provides end-to-end management, distribution, and monetization of content. The company's revenue is generated from direct Ad sales, advertising, content management, and mobile gaming apps. Geographically, the group derives revenue from Canada and India, of which prime revenue is generated from Canada.


TSX:BBTV.DB - Post by User

Comment by smoking81on Sep 30, 2021 4:48pm
212 Views
Post# 33947512

RE:RE:RE:RE:RE:RE:RE:Short squeeze

RE:RE:RE:RE:RE:RE:RE:Short squeezeAs per your quote The average daily trading volume for the past six calendar months is 70,325 subordinate voting shares, and the daily purchase restriction for the NCIB will be 17,581 subordinate voting shares.

If you subtract the two, that means there will be only around 52,000 shares available for the shorters to buy back each day. In order for them to make money the price has to go down and stay down for 20 days if they use up all the voume. Most likely insiders will still be buying, so it would take many more days. If people put their shares up for sale at a high value so they can not be lent out, this will squeeze shorters and mostt likely they will need to repurchase their shares. 1,100,000 share repurchase will move this thing to the moon.
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