TMC Stock: The 24% Jump and "Short Squeeze" Claims – What Reddit is Saying

Okay, so The Metals Company (TMC) CFO Craig Shesky is out there flapping his gums about how short sellers are gonna have a "very bad day." Right. Because that's totally how you instill investor confidence – by threatening people. Give me a break.

Pie in the Sky Mining Dreams?

This whole TMC saga reads like a penny stock fever dream. Up 385% this year, but down 49% from its October peak? Please. That kind of volatility screams "pump and dump" louder than a foghorn in a tin can.

They're sitting on $23.6 billion worth of polymetallic rocks at the bottom of the Pacific. Sounds great, right? Except, you know, extracting those rocks is gonna cost a fortune, assuming the environmentalists don't shut them down first. And let's be real, "regulatory approval" could mean anything from a rubber stamp to years of red tape.

Shesky's out there saying anyone shorting the stock should be "quite nervous." Nervous about what, exactly? The company's solid business plan? Oh wait, they lost $184.5 million last quarter. Yeah, real confidence booster there.

And Trump's executive order to fast-track deep-sea mining? Please. That's about as useful as a screen door on a submarine if the technology ain't there.

The Cash Question

Okay, they've got $115 million in cash, and maybe another $430 million from warrants. Analyst Dmitry Silversteyn is quoted saying they might not need additional funding anytime soon. But how much is "any time soon"? A year? Two? And what happens when that cash runs dry? Another stock dilution, offcourse? 'Cause that'll really help the tmc stock price...

Speaking of reddit, I bet there are some wild threads about this right now.

I mean, let's be real. This company is betting the farm on a technology that barely exists, in an environment that's incredibly fragile, and hoping that regulators will just look the other way. It's like building a house of cards in a hurricane.

And this whole "short squeeze" narrative? Please. It's a classic tactic to try and goose the stock price and distract from the fact that the underlying business is… well, let’s just say "speculative" is an understatement. According to The Metals Company (TMC) Stock Jumps 24% on CFO’s “Short Squeeze” Comments, the CFO's comments caused a significant jump in the stock price.

Why am I so cynical? Maybe it's because I've seen this movie before. A company with big promises, a charismatic CEO, and a stock price that's divorced from reality. It always ends the same way.

So, What's the Catch?

It's simple: TMC is selling a dream, not a reality. And dreams are notoriously unreliable investments.