RE:RE:RE:RE:RE:Fighting the ShortsGrandcentral - Very good explanation! Thanks so much and have a good one!
Cheers and GLTA ARX longs...
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This way, with a good company, they make money on both sides of the short.
It's not a typical short in that they believe ARC is over valued. This is 100% stock manipulation to drive the SP down, only to buy back the shares at a discount, adding a mass of additional shares, and then driving the stock up. Essentially the opposite of a pump and dump - I'm sure there is a name for it.
Any big news events can be targets for this type of activity, as average investors begin to doubt whether they are missing something and start to believe the news was bad rather than good and sell.
It's big money, rocking the boat.
They are using the fear of Covid to fuel the fire (unfortunate timing for the merger with the third wave). In shorting a larger strong company like Arc, they also force the fear and retreat of many much smaller companies, just by weakening the strong.
But, soon the mass buying across the sector will start (Q1 may be the trigger) - more likely as soon as we get some positive news on the Covid front. This is the problem with billions and billions of dollars under 'management' - they can buy outcomes through manipulation that further profit them. Look at the trading range over the last two years - it's big money that has the advantage of patience and solidarity.
Timing rewards the best, holders are survivors, sellers feed the giants