January 20, 2023 - 9:15 am Helbiz Evaluating Strong Measures to Combat Illegal Naked Short Selling with Legal Action
NEW YORKHelbiz (NASDAQ: HLBZ), a leading global provider of electric shared micro-mobility solutions, announced today that its Board of Directors has begun examining measures to address the alleged illegal short selling of its stock (HLBZ). The Company believes that certain individuals and/or companies may have engaged in illegal short selling practices that have artificially depressed the stock price. As a result, Helbiz is evaluating its options and following the example of companies like the Genius Group (NYSE American: GNS) in creating a comprehensive action plan to address this issue. Salvatore Palella, CEO of Helbiz, has disclosed that he will meet with third parties that have indicated interest in working with Helbiz to resolve the potential short selling issue.
I actually started picking WISA up in pre-market before Lou announced it with his new opening bell live streaming stock buy, but WISA is his main play right now until the "special" shareholder meeting on the 24th.
I picked up more and have 6.5k shares at .15. Just doesnt look sexy and they are on a 180 day extension.
Its also a play that has been bought up on the discord many times.
A couple of watchers with the naked shorting war theme...dunno how long this is going to ask but this is gaining heat in the AMC community, they are getting mad with some jumping over.
These have CEO's that already announced jumping on the naked short war train:
HLBZ: Already have a nice bag at .19, looking for dip to maybe add more, its .25 now.
UMGP: They jumped in as well yesterday, looking for good dip already on the upside so definetly checking the chart for a dip buy to minimize risk, if not Ill wait for the next one/s. Free float is only just over 3 million.
BTB: Picked up a nice bag on Friday. This stock recently tanked due to share offering, but thats officially over as of friday. Announced their own task force for naked shorting. Bitcoin is hot so that should help.
/PRNewswire/ -- Bit Brother Limited ("Bit Brother", "BTB", "We" or the "Company") (NASDAQ: BTB) announced today that its Board of Directors has approved the...
GNS: Holding 1k bag long, swing trading another smaller. Being its run up its at risk of losing some steam to the others but it can go violent up, and it can go violent down
COSM: this one is still wild, just ran up, Im going to be patient and careful, did make a nice small swing trade on friday. They recieved 2 years of Shareintel data the other day and may say something soon.
Do not look at Webull for OTC info, go to OTC Markets
GNS (Extreme Retail Hype, dividend catalyst coming, high risk w/ recent runup, if they don't dilute they still have potential but when the run ends it will could down)
HLBZ (Extreme Retail Hype, Extreme high risk of dilution, profit taking is needed here, if they can stop diluting they can run)
HOWL ($4m insider buy a few weeks ago, continues to be a top watch for me)
TZOO ($30m insider buy recently, has been consolidating for weeks, bullish cup & handle, Q4 filings are expected to show a 31% increase)
CRTD (Upstream coming in January, merger potential, CEO Jeremy Frommer at the front of the line in the fight against naked shorts, put GTII on watch as well)
APRN (41% short interest, Joe Sanburg Tweets, awaiting the company to bring the heat)
COSM (Watching pullbacks at support $4.20, $3.68, much more fundamentally stronger than last year after completing a $32.5m offering and reducing debt, acquisitions in the pipeline, flush with cash)
ATER (strong revenue last Q, holding up well, former reddit stock)
WISA (retail favorite, gap fill at $0.125, watching $0.13 support as well)
ILUS (Shareholder meeting Friday January 27th)
BTB (Naked short PR, Bitcoin miner, offering closed at $4.50, diluters in past)
FOXO (new AI watch)
ALLR (Stocktwits trending)