funny. an anonymous yahoo stock boarder dishing out lessons in humility. look up the etymology of the word before you throw it around. of the earth, grounded - suggests having perspectives based in fact and what is real. you are not real. SEC investigations are very real. losing $2mm is very real.
they could run this into the 8s before this is said and done. if 5 is my target, i'd rather short on a serious run. these issues are not going away and the more the stock runs, the better the probabilities of a bigger fall. the company will need to raise cash within 2 quarters. that's just a fact.
You funny little guy. You really don't have a clue about shorting.
Here, I'll throw you a bone.
are you serious? What in the world are you doing shorting stocks if you dont even understand the concept? Seriously, thats like someone saying they want to buy a stock but theyre afraid if it goes way up after they buy it, they wont be able to sell it.
this thing is way beyond Kaleil being able to do anything like that. he has been pushed out - make no bones about it - and the board apparently has been the catalyst behind that. Kaleil is under investigation by the SEC and he is hamstrung. the end game is to buy his shares at a very low price. there are potentially greater issues if evidence of fraud is uncovered. at that point, the company is toast and will be delisted. that's the real risk in my opinion for having any position in this - it goes illiquid for an undefined period of time.