Discover and read the best of Twitter Threads about #NakedShortWar
Most recents (3)
Thread 1/6 please read through before judging opinion $GTII $DBMM $MMTLP + 250 other OTC Tickers. As many know FINRA is Poised to deliver a death blow to ALPINE eminating from a Wels Notice issued to Scottsdale Capital & Alpine Securities. If they take Alpine and Scottsdale out?
2/6 Probably you if you trade #OTC. What we know @Capnfunnypants posted some screenshots reference his posts for info or @ace_indy_biz latest video for context. But we saw Alpine had a concentrated short in $GTII "As the Top Driver" so there is more 250 other OTC's they say now.
3/6 If they take Alpine out who pays. All those trades must more to other PB but who will want any of that? Nobody will touch it. Alpine is the new sacrificial POS LAMB. FINRA just dropped a 200 page brief with evidence on the court with all they have on them. Makes sense why ..
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.
@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.
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!
@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.
I'm assuming the shorts were trying to delist $TRCH to scoop up the assets for pennies.
$HLBZ the scammiest element of this vote went over my head at first, and I don't see anyone else talking about it. HLBZ has two series of shares - Class A, and Class B. CEO Palella is the sole Class B shareholder, with 14.2M shares. (1/)
Those shares have supervoting rights, so Palella has 47% of the vote - every proposal is nearly a slam dunk to pass. But the biggest red flag is they're proposing to leave themselves the discretion of whether or not to split the Class B shares by the same ratio as Class A. (2/)
By default, all classes would be adjusted in parallel in a split. With all shares adjusted by the same ratio, no one's proportional ownership of the company would be affected. In this case, they've gone out of their way to be able to opt out of that. (3/)
