HCCF management has informed Sparky that there are about 72 million shares outstanding, that the float is around 41 million shares, and no sizable blocks of restricted shares have been issued since the company was formed less than a year ago.
So why has the company's stock recently tanked to a new all-time low?
Sparky thinks because HCCF has for some reason been targeted by aggressive naked shorters. Newbridge Securities (BRGE) has been the related Market Maker and they've done their very best over the past week to cap these shares and to consistently close them near the bottom of each daily range.
Sparky smells a serious naked short here that's about to blow up -literally!
Stay Long and Stay Tuned!
Sincerely,
Sparky