TSXV:EAST.H - Post by User
Post by
Odelayon Aug 15, 2019 7:17am
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Post# 30030545
Don’t cave under pressure from number 7
Don’t cave under pressure from number 7We have now reached the end of the game. As I said all along, the same 7 seller who manipulated you out of your shares would be waiting at the bottom to buy everything. Yesterday, this one person had a bid of 685k for 4.5 cents. He has since reduced it to 185k, probably because he thinks he can bid lower with his remaining cash.
As he did by creating walls on the Ask, he is now trying to make you think that your only chance of selling is to sell into the lower bid.
The issue we have is that he has done great damage to the stock’s reputation, despite the fact that the company is solid. We need buyers, but he is the only one here atm. You must be patient. Once the company comes out with a few updates, particularly financial news, buyers will appear.
As you all all did on the way down, I suspect you will continue to make the wrong decision by continuing to be manipulated. I have greatly benefited from 7’s strategy by greatly reducing my average. GLTA.