$Creative Media & Community Trust (CMCT.US)$ it’s coming. th...
$Creative Media & Community Trust (CMCT.US)$ it’s coming. that 4.20 support is no lie. that fib says 14+
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ssccc : Have you seen the new 8-K filing? Could you help me understand it?
Dusters OP ssccc : Yes, basically a company wanted to be paid back and it was a little to nothing shares. That’s why it fell from eight dollars. But that’s all closed out. Shorts and hedge funds double down and thought we would sell and now they’re kind of stuck with a bag lol
ssccc : Oh, I thought it hadn't started yet. Has it already ended?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
XLZ66 :
XLZ66 ssccc : it is not deluting at all, neither saling new shares![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
XLZ66 XLZ66 : 2. Shares are NOT free-trading immediately
Preferred-to-common redemptions are generally restricted securities unless registered.
This filing is Item 3.02 — Unregistered Sale of Equity Securities, which means:
• The shares are restricted (Rule 144).
• They cannot be sold immediately on the open market.
• Any selling pressure tends to be slow, not sudden.
This reduces the short-term risk of a “dump.”
Dusters OP XLZ66 : so now shorts may want to cover. lol.