TSXV:EAST.H - Post by User
Post by
Odelayon May 24, 2019 10:34am
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Post# 29770893
Shorting is not the issue
Shorting is not the issueThe problem here is a small number of people who own a large number of shares. They aren't shorting, they are using their large float to walk the price down using walls, selling into the bid, and wash trading in the last few days. Each day they convince one or two more people that this is going lower, and the people join them in selling. You can see for yourself that every time someone sells lower, 7 and 79 buy at the lower price. There are only two ways to stop it: let them be the only sellers down here or/ new money buying through their walls. There is, of course, a third way: they could F off and stop messing with us.