RE:Shorts Reduced
no, it wasn't panic selling it was shorts so called selling to free up money and lock in profits because of the hold period which i don't buy at all. I will say why. If people who are shorting are smart investors and those who are supposedly sophisticated investors do you think they would lock up every single penny for 4 months even if they get a phenomenal deal with the warrants in comparsion to the free trading shares trading in the market? I absolutely refuse to believe that these people would be that stupid! I as a strong novice wouldn't be that stupid. I would have a combination of warrants locked up money as well as money on hand to keep buying and taking profits and trading because i have a core of shares that are sitting there that when come to being exercised i will be paying $1.75 when the shares have gone up quite a bit higher. Like i said, people aren't stupid they are very manipulative, greedy and will make money every which way. So when they hold all the cards of course they will look to drive the share value down so that they can keep buying and selling making profit that way, making profits by allowing shorting to happen, and collecting commission. I don't think the shorters are just any individuals although i will not say they are not, but i do strongly believe amidst them are the brokerages and they are making money left, centre and right every which way.
Sorry but I really don't think this was due to
panic selling or that those who are shorting don't already hold a good position and are keep buying as they drive the price down to keep making filthy amounts of money. Like i said sophisticated investors and especially people who short are not stupid because if you short and you are stupid yeah you will in time potentially lose a lot more than the share value. I think this has been plain deliberate and ongoing to take advantage of things every which way. I know there will be people who disagree that's fine but sorry i see what I see and to simply think people are locking in profit isn't something that logically fits with what is going on here and what i am offering as an extremely viable and likely set of circumstances. Be as it may, this will inevitably be $2-$4 this year but like i said i find this to be extremely annoying and people will always get away because shorting is legal! Fantastic!!!
good luck all.