Once shorts disappear the longs will attack this and get the stock really cheaply.
In fact price could be getting walked down right now for a big handed long to step in and get lots of cheapies from retail who have given up on this stock.
I would dare say some instos would be looking at this as a good value play now that shorts are no longer going to hammer this stock down.
A great announcement can come out now and we will have very little reaction in SP as there will not be any large shorters needing to cover.
This will turn into a very boring stock now. Its just a long term hold for me now as I'm down circa $20k on this stock. Only real hope for a re-rate now is a T/O offer in mho.
MYX Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held
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