Comment by
Humanist on Jun 21, 2022 11:53am
what do yo make of such increase in shorting frankman?
Comment by
Iamjaygee on Jun 21, 2022 12:41pm
Tcf just issued millions of warrants. That's why. The real question you should be asking is... what price is their short position? These shorts are gonna make a killing when the warrants get exercised. I'm willing to bet the one holding the big short position also has a very large stack of warrants. And is the same one making the huge buys on the large dips.
Comment by
Tijana20 on Jun 21, 2022 12:50pm
What is the pricing of the warrants you are talking about? The $.45 ones during the last financing?
Comment by
Iamjaygee on Jun 21, 2022 1:14pm
The .46 warrants has the accelerated clause right? So yes, they'll probably be looking to exercise those before they are forced to. Probably at the same time as the .50 warrants They'll wait for a nice pump in the price, dump their shares and warrants.... crash the price and close their short positions on the bottom. Penny stocks are all the same.
Comment by
Tijana20 on Jun 21, 2022 1:28pm
LOL first off they are .45 not .46 and when they get exercised the sp will clearly be north of there.Do you have a clue what you are even saying?
Comment by
Iamjaygee on Jun 21, 2022 1:37pm
I put a 6 instead of a 5... you sure got me good there. The warrants are how these shorts will close their positions. What fantasy land are you living in? This isn't a meme stock
Comment by
frankman on Jun 21, 2022 12:49pm
Without researching it the majority related to the future exercise of warrants here to raise cash. Others will short even a .02 stock betting on on sp drop or failure. Here methinks it is the warrants.