Was there in kbioq. Bought $2.60 after arrested. Sold $14.12 on some crazy short squeeze stuff.rebought 5 sold 7.50...
These shares may not be cancelled..
Everyone disgusted with BK sold. Everyone scared of delist sold. Now? Shorts waiting for technical buy signal. There aren't events to scare long for 6 months or so.
Sentiment: Strong Buy
Delist can mean big move higher as shares lent to short are called back....delist is no big whoop for longs.
Get ready to feel bankruptcy short pain. Better go look at Hawaiian airlines BK. Shares stayed as is. Buying on bankruptcy was an extremely sweet deal. RJET is already pennies on dollar.