RE:RE:RE:Without SalesArmistice Capital Inc. has not made one penny at this moment.
Yes, they probably shorted the stock all the way down from $ 2 per share to 25 cents, however that only recovers $1.75 per share out of their original $ 2 per share investment. They are still out of pocket 25 cents per share.
The only way for them to make money is to cover their short position, recovering most of their capital and then have stock rally to a point where it is significantly higher than $ 2 per share, like $ 5 per share.
It that happens, then they are GURUS of the market.
For that particular reason alone, on specualtion alone, I am looking for a SIGNIFICANT RALLY as Armistice Capital wants to make a profit.
They did not engage in this strategy to change 1 dollar for 3 quarters and then lose 1 quarter because they feel like it, in addition to lost time.
My gut is telling me that we will have an EXPLOSIVE MONTH in March 2022 and lasting all the way up to October or November 2022.
My personal opinion,