GREY:EORBF - Post by User
Post by
blue_seaon Feb 26, 2013 10:50am
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Post# 21042674
systematic bashing to create downward spiral
systematic bashing to create downward spiral What we saw was a system of trading to first prevent the outbreak of this stock above $3 several times and then a series of attacks to weaken this stock into the range of 2.40 to 2.50 to can start the final attacks for the crash.
Of course this was stock manipulation with borrowed stocks or naked shorting to can cover at prices far below 2 bucks. And because IIROC is friendly to those houses who are responsible for that the price was new set to $1.90. That was necessary because of that price this stock never could recover. The good news were already released and it will need some time before the next series will be published.
What we can expect now is the same procedure of weakening this stock to the level near $2 so at Thursday can start the next big attack to bring this stock on Friday down 2 bucks.
At the end that is criminal because they harm the company raising money at good terms.