OTCPK:DDBXF - Post by User
Comment by
babydrawon Jun 14, 2018 9:30am
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Post# 28170948
RE:RE:TD Is Vulnerable
RE:RE:TD Is VulnerableThese shares are shorts, which are risky too. Out of the entire 875k dump they did not cover 1 share at .055c. Instead they have been carefully covering away at .06c which indicates they've run out of leverage and .055c is suicide.
Just think they short attacked 875k at 0.06c - when 0.06c wasn't weak enough yet and the last few weak retailers folded like a cheap lawnchair. That is embarassing on TD's behalf cause for me it signals a weakening of their program, they have run out of weak hands. The float will consolidate into strong hands and they will lose power over the short program.
.06c didnt work, what would make you think they'll go for .055c. It gets exponentially more expensive to keep the program going down the rabbit hole. Also as time passes you run the risk of getting caught in a squeeze.
They've been caught in a squeeze very recently. In fact it wouldn't surprise me if they back off and let the share price rise up again to consider the short program from a higher share price. Question is, what catalyst will propel DDB through resistance? If that's the case they might as well turn on the warrant exericise algo and let her run.
Jmo.