We know nothing about this company, but my lord this is one of the most interesting stocks to follow at the moment.
The Company is expected to file its 10k in mid June. They filed last year June 14th.
|Total Shares Outstanding||22.2|
|Top Ten Institutional Shareholders||3.9|
|Short interest as of May 31st||5.3|
|Shares in Float Available To Cover||(0.2)|
If none of the management, Richard, or top ten shareholders sell upon filing 10k and there hypothetically will not be enough shares in the float for the shorts to cover period.
If this company files its 10k in June this could cause one of the craziest short squeezes we have seen in market. The shorts may not even have enough shares in the float to cover if Richard keeps up his activity. If the company doesn't file Richard will not be a happy camper. I have this one on my radar as this could get very interesting either way.
We have no position in the company, but option value I am almost tempted to go long, but almost seems to good to be true.