Oncolytics Biotech Inc T.ONC

A move all Oncy shareholders need to make, to screw the shor

[Peladawn]

SARASOTA, Fla., April 29, 2024 (GLOBE NEWSWIRE) -- Trump Media & Technology Group Corp. (NASDAQ: DJT) (“TMTG” or the “Company”) is highlighting actions DJT shareholders can take to prevent the lending of their shares by brokerage firms for the purpose of short selling.

The Company’s shareholder base primarily consists of retail investors who hold their shares through various brokerage firms. Many of these retail shareholders invested in DJT because they support TMTG’s mission to create a free-speech beachhead against Big Tech censorship.

TMTG wants to clarify that if shares are currently on loan by brokerage firms to facilitate short selling, shareholders have the option of asking their broker to recall their shares.

 

After recalling their shares, long-term shareholders who believe in the Company’s future can then hold their DJT shares in a cash account, opt out of any securities lending programs, or move their shares to a Direct Registration (“DRS”) account at the Company’s transfer agent, Odyssey Transfer & Trust Company.

[Peladawn]

DJT is up over 10% today on this very smart move by retail shareholders!

[CMHarring218431]

Another simple way to keep your shares from being lent out to shorters is to call your broker and put in an order to sell your shares at like six dollars. Then your shares cannot be borrowed by shorters

[Peladawn]

CMHthats correct for the TSX, but for the Nasdaq its a bit more hassle.by the way, definitely do NOT put your shares up for sale at $6!..If they announce a multi billion dollar buyout, the price will soar FAR above $6, and you will miss out big time!..maybe try $600.

[canadafan]

I think the suggestion for putting shares up for sale without news is potentially a disaster. The right news, which could happen moment, would move the price beyond any number you could guess. Sit back & wait. Lots of catalysts expected soon.

[Peladawn]

Cf.I get what youre saying, but I think youd be safe at $600.at least I know Id be ok with letting my 31k go at $600/ share.lol.

[Buckhenry]

That's roughly $40B or so... yeah baby!!!  Send us some of what your smokin!!

[Buckhenry]

Just for the record... I wished you were even half right at say $300 per share!!

[canadafan]

Assuming a buyout of $5 billion. Which is on record by all analysts as one years income, very possible. $5 billion buyout would be $60/ ps. The upper end? Depends on how things progress within the next few trial updates. Lower end..? They have said many times $1 billion is a minimum staring point. That was long before the recent biotech market place activities. Again acquisition of much less than