$HUBC
(My speculation and DD, I could be wrong, make your own DD)
It is legally and technically impossible for the shorts to use the 65 million new shares to cover their positions right now, rock-solid rules in the US market:
1. The shares are under "Lock-up" and lack an "Effectiveness Order"As we saw in the SEC documents (Schedule 13G) that were registered as late as yesterday, these 65 million shares are classified as unregistered, passive assets. Large owners who own them on paper do not have permission from the SEC to sell or transfer them to anyone else on the open market yet. Before the SEC publishes an official approval (a so-called EFFECT order), these shares are completely "frozen" in the system. (Rule 144)
The short sellers cannot buy them behind the scenes to close their short positions.2. The rule against "Rule 105" violations (Strict SEC rules) In the US, there is a very strict law called SEC Rule 105. It states that a short seller is absolutely not allowed to cover their short positions with shares that come directly from a new issue or a debt conversion if the short sale occurred just before or during the process. If a hedge fund tries to make a secret deal with a large shareholder to buy these cheap shares and close their short sale, they are committing a serious insider trading offense. The SEC monitors this very closely.
#HUBC taking that 20-1 RS news on the chin like CHAMP! I think shorts are so fucked with this one it could be a 50-1 RS and they’d still be in deep water… I’m buying the dip.
$HUBC (This is my DD, I could be wrong, make your own DD)
The foul play with the short sellers changes nothing in the law – the padlock from the SEC (Rule 144) remains firmly on the new shares even after Monday's split [6-K]. This means that the playing field has now completely locked for both the short sellers and the big owners ahead of Monday morning:1. The "new" 3.25 million shares are completely locked up. Every single one of the 65 million shares printed in May (which will become 3.25 million shares on Monday) carries the same digital padlock [6-K]. Regardless of whether a share remains with the major owner (Joshua John Holwell and others) or has been internally transferred to a hedge fund to extinguish an old FTD debt, it may not be sold to the public on the stock exchange [6-K]. None of these shares can appear in the order book on Nasdaq tomorrow or on Monday to dampen buying pressure [6-K]. 2. Black and white: Only ~74,800 free shares on Monday This is why the situation is so extreme. On Monday morning, HUBC stock will increase twentyfold in price (opening around $9.00 instead of $0.45), but the open market will be completely dry. In practice, there are only around 74,800 shares in total that are free to be bought and sold on the entire stock exchange [6-K]. 3. The dark game is getting much harder nowSince this weekend's split means that the company is changing its CUSIP number (stock exchange ID number), the spotlight is on the company [6-K]. The short sellers cannot continue their hidden machinery in the Dark Pools indefinitely: The 6 million old fake shares (FTDs) are converted into 300,000 new FTDs. The short sellers must deliver these to the clearinghouse by June 17th [6-K].Since the new 3.25 million shares are locked in vaults [6-K], the short sellers are forced to fight for the 74,800 free shares to close their last positions.
Yes I’m one of the top holders of $HUBC
was up big earlier never sold due to the extremely high SHORT borrow rate% so currently down as well
Perfect recipe for a insane massive short squeeze
As I said earlier I filled 100,000 more shares
Be greedy when others are fearful
$1
My thoughts on $HUBC
1. As of last R/S - shares outstanding were 1.28m (as per filing)
2. R/S occurred 4/20. Down basically every day since.
3. Short interest increased - significantly. Combination of negative sentiment and manipulation in an effort to force a delist.
4. Missed annual report filing deadline. Stock fell below 1. More shorting.
5. Expected compliance letter. More shorting.
6. Throat goats arrive. 13G filings under 1.28M shares out - only public figure.
7. 6M bidder at 9 cents.
8. Buyers step. More 13G throat goats.
9. Volume explodes. Shares issued. Assume notes exchanged from debt to equity in convert.
10. Updated shares out published with another R/S. Retail dumps harder than 2 girls 1 cup.
What is outstanding principal on the notes? When is annual report coming? Short interest and FTD resolved ?
53 ish cents is 35 mil mvls.
New $HUBC 🧮..
With a projected $50M revenue outlook, the company is currently trading at an incredibly low 0.44x revenue multiple based on the actual 66M share count. Even a conservative 2x revenue valuation would imply massive upside from current levels..
$HUBC $HUBCW I have a feeling after hours is going to be absolutely lit! At some point, the company will be posting news from all the investor buying that has been happening
$HUBC shorts are playing with fire 🔥 a company doesn’t post 13 G investor buying for no reason. Once we get that sweet news, this will absolutely rocket. 🚀
$HUBC Symmetrical triangle pattern forming in the 10 day 15 minute chart.
Symmetrical triangles occur when two trend lines converge toward each other and signal only that a breakout is likely to occur... Breakout could be imminent..
$HUBC has a very high short borrow rate
trading volume is 250x its market cap
150 million volume
600k market cap
I could see this penny stock short squeeze an insane reversal