J richless
:
The shorts who were betting on the stock going down and delisting which would make them a lot of money eventually have to sell their shorts at a loss giving the market an influx of money
73282684
70862468
:
currently this stock is scheduled for delisting in late June if it stays above 1 for 10 consecutive days 7 more now the delisting will be cancelled and everyone who's short will start to panic squeezing the price up
103427522 : same why is it so important?
70862468 : The stock will not be delisted.
103427522 : but does that mean the price will rise?
J richless : The shorts who were betting on the stock going down and delisting which would make them a lot of money eventually have to sell their shorts at a loss giving the market an influx of money
73282684 70862468 : currently this stock is scheduled for delisting in late June if it stays above 1 for 10 consecutive days 7 more now the delisting will be cancelled and everyone who's short will start to panic squeezing the price up