There are 79 million shares outstanding and over 60 M shares sold short, and some reports claim 90% of the shares are sold short. That’s serious negativity. With a little bit of good news, the stock could rocket. Of course the reason there is so much short is because folks are thinking there are more bad news to come in the sector. In a very long time, I directly opened a 5% position in this name. Hoping for some short squeeze.
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