CDTID- Clean Diesel Technology
This is the worst short squeeze I have ever seen. Eddie, Midas, and everyone else would love your commentary on this.
This is the worst short squeeze I have ever seen. Eddie, Midas, and everyone else would love your commentary on this.
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They reverse split 6-1 from $0.80, which should put it just under $6.00. I've seen quite a few of these reverse split/uplisted names trade pretty wild for a day or two, but this is pretty extreme. I've been looking for shorts for the past few days. Based on the info I have the short interest isn't actually that high. Maybe someone really screwed up their locates on the day it reverse split and is blowing out. You have any luck getting a locate?
This reminds me of a tiny float gold ETN that got delisted probably a year and a half or two years ago. For whatever reason, there was no lead market maker in it. It traded in line with its intraday IV for awhile, but then just... broke. I'm guessing someone got bought in. It should have been trading ~$11, but eventually traded $75+. By the end it was trading multiple dollars wide with no apparent reason behind the moves. It was simply a trading vehicle. I don't believe they ended up breaking any of the trades. I wish I could remember the ticker...
Ticker LIVE is another low float, small cap stock that recently reverse split currently trading pretty crazy.
If I walk into a room and it smells like pussy, the one thing I do is watch out for a big fat missile cock launching my way.
This shit stinks to high heaven. Yeah yeah, it got a grant , that's a factor.
But spikes like this on individual stocks in sideways markets?
Think about it, somebody out there is getting real fat, real fast...
GOE was the gold. I lost 45k in it shorting from 24 forced to cover 48, it went to 121. A lot of these squeezes happen ESP after reverse splits look at scok or ggp a year or two ago. Free cash but scary rides
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