Comment by
yixter on Feb 05, 2018 8:35pm
Well the good news is that’s a lot of shorts and the stock has held up pretty well all things considered however those shorts will have to cover and likely many of those shorts were probably picked up anywhere between.08-.12 so everyday is getting more dangerous for them to hold that position look at the bids at .055 today already the tide is beginning to turn. I hope they choke on em.
Comment by
yixter on Feb 05, 2018 8:47pm
Could also be it was shorted because somebody wanted the .05 pp when the pp closes they cover and let er rip!
Comment by
Lealea88 on Feb 05, 2018 8:54pm
Also, after the news was released about Best Buy most people were expecting to hear about a PP, which would temporarily drop the stock to the PP price. Once the private placement is closed and the shorts cover, we can move up. Just in time for the new case to be released on the 15th.