Torchlight short squeeze is to force the shorts to buy meta ...
$Torchlight Energy Resources Inc(TRCH.US$ Torchlight short squeeze is to force the shorts to buy meta the new ticker sign
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Fist of Fury : before the new ticker, the shorties will need to cover all their shorts. I do not think they can move the shorts into the new ticker. meta will start on a clean slay with no shorts.
The holy Emperor OP : my bad I'm trying to say that the torch light force squeeze will like force them to push alot of stock price to meta basically. if it's a high div 7-20 dollars would have to make the buy it at the current price plus the dividend amount. they put a bounty on shorts basically
The holy Emperor OP Fist of Fury : and when the merger happens they basically turn torch into meta they will bring the rocket with them.
Fist of Fury The holy Emperor OP : that is true
BullRunner : What's meta ticker?
IamShirShah : it's done and overbought
The holy Emperor OP IamShirShah : short the stock then.
The holy Emperor OP BullRunner : torch is merging with a company called metamaterial, so they are selling the assets and providing a dividend from it. because the shorts have to buy what ever trch stock they shorted
dividend because their put options expire worthless and have to buy the stock at what ever price.
The holy Emperor OP BullRunner : when it makes the new stock called meta. all torch light becomes Meta so the high growth snowballs. it's 2 companies combine to 1 stock so they are short squeezing to have a giant bull run or reffered to as moon
BullRunner : I'm done