imagine if you bought this stock at 0.75 cents then it's wor...
$Torchlight Energy Resources Inc(TRCH.US$ imagine if you bought this stock at 0.75 cents then it's worth 11 dollars in time. that's the shorts position. but they do these with borrowed shares which is why a squeeze can prolong but now with preferred shares. it's a ball squeeze till the 30th. now it's our turn
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Friendguin : do we sell the preferred shares immediately or no?
The holy Emperor OP Friendguin : no hold the shares they are meta and dividend
The holy Emperor OP Friendguin : the play of this short squeeze was for meta since torch light will change into meta. the shorts cannot compete with dividend and meta merge. they could only get you to sell at low price