Trader Brian Jones on Twitter: "I still believe that $MEGL will eventually end up being $2.00 stock. Last week when it rallied. It rallied on 60 million shares. Why so much volume? The CSM was naked shorting it. Now it needs even more volume than that to overcome the naked short and it won't be getting it." / Twitter

I still believe that $MEGL will eventually end up being $2.00 stock. Last week when it rallied. It rallied on 60 million shares. Why so much volume? The CSM was naked shorting it. Now it needs even more volume than that to overcome the naked short and it won't be getting it.

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Trader Brian Jones

@MasterBJones

Aug 16

$MEGL Knew enough not to play with this garbage.

8:23 PM · Aug 23, 2022Twitter Web App

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$MEGL only has 20M shares outstanding, less than half that in the public float.

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this is an obvious squeeze play, what it will eventually become is irrelevant. The key is that the profits from the squeeze goes from institutions to retail investors

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