Discover and read the best of Twitter Threads about #BalanceTheBooks

Most recents (1)

To understand the magnitude of this whole situation, one must understand all variables, including you
@FINRA!

The amount of $MMTLP short interest is DIRECTLY TIED TO $TRCH (now $MMAT) common stock that was short going into the merger back in June of 2021. Image
And to preface this whole thing let's just remember one, very, VERY IMPORTANT FACT!
@nbhydrocarbons is a PRIVATE... non-trading, publicly REPORTING company.

LISTEN CLOSELY!
The pandemic caused a lot of O&G tickers to suffer tremendously, including $TRCH after Crude Oil fell off a cliff which at one point hit -$40.32 a barrel.
I'm assuming the shorts were trying to delist $TRCH to scoop up the assets for pennies. Image
Read 38 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!