Post by
mingzhu on Sep 15, 2023 3:13pm
here are reasons why i think the last selloff was purely
manipulated:
1, level2 bid/ask ratio were often 10 to 1 for weeks. If you want buy big, it is smart to sell a few shares to walk SP down. I have posted these info several time in the past.
2, year low of SP was in mid 0.40. newbies often put stop loss at this level. 2 year low was 0.36. big buyers were buying at this level, so SP bounced back at 0.37.
3, manipuration started in 0.60s. CEO bought most her shares around 0,50 to conuter this manipulated dowward trend.
Soon after this selloff, SP hass recovered. I expect this recovery will go to 0.60s.
Comment by
EdinColorado on Sep 15, 2023 3:39pm
Currently seeing up 9.8% on this board and up 16% in the U.S. where Reliq does most of its business. Maybe this time it will finally hold and keep on going.
Comment by
heardaroundtown on Sep 15, 2023 3:53pm
I hope you are right but I think this run up is something we have seen many times.They run it up , people start buying and in the meantime the shorters are selling like mad and will buy back their shorts at much lower prices. I think I am right again but hope this time will be different. But we all know what Einsten's definition of insanity is ...
Comment by
heardaroundtown on Sep 21, 2023 10:40am
Like I said on Sept 15 the. The shorts were out there pushing up the share price so they could short some more. The price is now down to .53 cents, and they made their .15 cents. Let’s continue to give them more rope to hang themselves for when the share price starts to run up and they have to pay hostage prices to cover their foolish shorts
Comment by
mingzhu on Sep 18, 2023 12:31pm
SP has recovered to 0.60s as i predicted last week. If Sp passes through 0.76 resistance, that is something is happening beyond recovery.
Comment by
Peggy123 on Sep 18, 2023 3:55pm
This post has been removed in accordance with Community Policy
Comment by
EdinColorado on Sep 18, 2023 4:06pm
Hi Papi. You mean the abrupt event a few days back? No one predicted that event. The person you are responding to, to my knowledge, didn't try to predict either. After it happened, people were trying to figure what triggered it. There didn't seem to be any event in the company that would trigger that. Seemed like most likely a manipulation.
Comment by
Peggy123 on Sep 19, 2023 4:50pm
You proud of you prediction. 60's resistance at .76 You better take a refresher course on your TA. OMG People who predict should be scutinized and called out Papi