IMU Daily from earlier below We still have 459M shares short. Prices would need to increase to see a spike in the short count, although I don't think they will rip this up until a few more close it out as low as they can.
Unless that is, it does a BRN type short squeeze which we have been seeing GLTAHz
SENTIMENT BUY/HOLD POSITION: Held (took entry today)
Currently showing a DOJI after spiking from the lows, on 2 big volume days, with a News catalyst today I don't think this stock is dead just yet IMO
Upon closer examination, RSI is gaining strength prices are showing a horizontal support base to potentially risk off and the OBV confirms prices are rising on the volumes we are seeing. May be changing around
If we do get that BRN type squeeze, here is the Daily and Weekly to show the potential of what a former runner this used to be, I don't know if prices get back to 10c but all depends on how much the market makers squeeze out shorts (especially if they are sophisticated investors ie retailers but with more cash to play with lol)
IMU Price at posting:
4.0¢ Sentiment: Buy Disclosure: Not Held
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GLTAHz
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