"Mayday. We're taking on water"
I was hoping that we would have a high platform to have our major announcement announced from. Looks like quite the opposite will happen if we do get that news. $2.94 in the US is not looking healthy.
However IF short positions are increasing then when news comes the spike could be even higher than what we had been looking at. It's the only possible positive in this gloom that I can find.
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