Well, Looks like bashing article didn't help for short.
First, one should never short the penny stock.
Second, bashing public like one article from Alpha, saying he (author) is stupid enough to short the penny stock.
Third, most smart short already covered. Not so smart still around, and dumber will short at current price.
Fourth, short term short will help short term longs.
Fifth, Most bankrupt stock trades longer than most people think.
Sixth, For any reason, if they mention common share will be part of restructured new shares up coming, short will be fried.
Seems to be a desperate attempt. Had a chance to read it early in the A.M... went back to it just a minute ago and it has be re-edited. He was advising SA readers to buy JUN & JULY puts @ .23cents to bring price down, no longer it his article.
you clearly don't understand how bankruptcies work. either 1) your common shares will be cancelled and new shares will be issued, leaving you to receive 0.0 cents on the dollar, or 2) something like 100x the current shares outstanding will be issued to the noteholders of STP so that they own 99.9% of STP, massively diluting the value of your stock to probably 0.10 cents on the dollar or less. My money is on #1
You clearly did not read all my statements. I said clearly "Sixth, For any reason, if they mention common share will be part of restructured new shares up coming, short will be fried. " which may be equivalent to your 2nd statement. Duh...