$Torchlight Energy Resources Inc (TRCH.US)$ Amc gme ape here...
$Torchlight Energy Resources Inc (TRCH.US)$ Amc gme ape here. I mean if we all hold and keep buying, we are just going to win. if trch apes are like amc, buy and hold and drive the price up, they are just going to get margin called. Why you guys can win? this one have a deadline, is just a ticking bomb to the shorts. gme amc dont have, yet they are still fighting. just fight.
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BKTS : Very true
Joshuayeoshhh : just learn how to trade properly bobos
小强好运 : Can I ask, what is the deadline for those short buyers??? How do we see it??? Thanks in advance for the answer...
mammothcookie OP : They have to cover shorts by the 30th. Their best bet is on the 25th where people will start selling off because of the dividend
huatSG : i am here too holding both. earn from trch liao go back amc buy extra
huatSG mammothcookie OP : agree. but if its going $4 today, tmr the most they can short to $1. any diff? its cheap and peoole can buy more to fight.
mammothcookie OP huatSG : Yes, we need people who think the same
FirstStrike Veteran : wouldn't they need to cover today because of the preferred stock dividend exp date is tomorrow?
FirstStrike Veteran : any short that good on exp date has to pay the dividend, but this isn't a dividend it's a preferred A stock which shorts would not have access to, so they would have to cover their position correct? Kind of like what happens with OSTK.
FirstStrike Veteran : any short that hold on exp date has to pay the dividend, but this isn't a dividend it's a preferred A stock which shorts would not have access to, so they would have to cover their position correct? Kind of like what happens with OSTK.
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