GREY:DLTNF - Post by User
Comment by
SoCalLifeon Sep 28, 2020 4:08pm
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Post# 31630418
RE:How the short works on DN
RE:How the short works on DNSorry, here is the link
https://ibb.co/RBXMVny
SoCalLife wrote: You can see here in the photo, that every minute, on the minute Anonymous sells exactly 500 shares into the bid. This is done when there is no buying. If DN moves up to .60, Anon sells exactly 500 shares at .59, which is another account they have linked. So they sell the shares essentially to themselves, still have the exact same 500 shares, at a lower price, and they lose no money. Anyone else buying shares at the daily high, are left wishing they bought lower.
Then when real volume sells, or buys, Anon unloads their position, and you are left none the wiser. So what did we learn today boys and girls!! Volume wins in this stock. If there is a million share volume in a day, these anon folks will move on to another stock.... Like Harbourside for example.... same situation going on there.
Anyway... hope this helps!