OTCPK:DDBXF - Post by User
Comment by
CADInvestoron Jun 14, 2018 10:32am
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Post# 28171526
RE:RE:RE:TD Is Vulnerable
RE:RE:RE:TD Is Vulnerablebabydraw wrote: These shares are shorts, which are risky too. Out of the entire 875k dump they did not cover 1 share at .055c. Instead they have been carefully covering away at .06c which indicates they've run out of leverage and .055c is suicide.
Just think they short attacked 875k at 0.06c - when 0.06c wasn't weak enough yet and the last few weak retailers folded like a cheap lawnchair. That is embarassing on TD's behalf cause for me it signals a weakening of their program, they have run out of weak hands. The float will consolidate into strong hands and they will lose power over the short program.
.06c didnt work, what would make you think they'll go for .055c. It gets exponentially more expensive to keep the program going down the rabbit hole. Also as time passes you run the risk of getting caught in a squeeze.
They've been caught in a squeeze very recently. In fact it wouldn't surprise me if they back off and let the share price rise up again to consider the short program from a higher share price. Question is, what catalyst will propel DDB through resistance? If that's the case they might as well turn on the warrant exericise algo and let her run.
Jmo.
I like your post babydraw and you seem to be quite informed on the shorting subject, which I am not at all. On my research though, I noticed that from the latest short report there is almost nobody actually shorting the stock:
https://shortdata.ca/?c=data-deposit%20box%20inc.-short-sales&sym=DDB.CN
Can you elaborate on the info I posted or are you referring more to TD just price manipulating? Thank you!