GREY:CRIUF - Post by User
Comment by
deisman03on Mar 22, 2018 12:42pm
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Post# 27762109
RE:RE:RE:VWAP
RE:RE:RE:VWAP When the "fake news" was released on Crius by the shorts it wasn't totally fake.
Look at the replies to the short attack.
Management used some legal but "questionable" practices in leaving out certain expenses. That doesn't come across well and is a huge opening for shorts to attack.
The information wasn't included and IMHO should have been. Look up their releases. They will give you their excuses for excluding this information from their bottom line. One of them is that they have cash on hand to cover legal expenses. Fine. They also claim some of the expenses will be "one time only." That is legal but it isn't truthful in that the expense was purposely hidden to make their bottom line look better than it actually is.
In reality, that makes some of their creditors as well as the institutions that bought in NERVOUS. The short sellers saw an opportunity and ran with it. Did they outright lie with their information????? No, they just didn't tell the whole truth. Sadly, both sides can be tarred with the same brush.
It's extremely difficult to do due diligence on a company that HIDES relevant information or makes it very difficult to weed out.
This is still a VIABLE investment. Especially at these levels and of course only IMHO.
It's way oversold and again IMHO some significant shorts are covering.
GLTA the good folks here.