OTCPK:LGSLF - Post by User
Comment by
TheAsamuon Jan 08, 2023 12:15pm
339 Views
Post# 35209655
RE:DayTraders Dream
RE:DayTraders DreamAlthough a lot of the recent news are positive the is still dropping drastically with the help of shortsellers that have targeted this company big time. Here are two paragraphs from their most recent news and the highlighted part is where the money is and why it will attrack the business industry (people with $$$).
As previously announced, the Company successfully incorporated AI into its most recent Genesis Member NFT airdrop last month. LGL has identified its Pocket Dimension metaverse offering as the Company's potential first use of ChatGPT technology. Based on the appeal of Pocket Dimension to users simultaneously located in various countries around the world, translating conversations instantly for maximum potential market penetration through the use of AI is significant and strongly preferable to the more onerous, costly and time-consuming traditional translation process.
A strength of OpenAI's language system is its ability to understand conversational nuances in a user's inputs and output more conversational dialogue, as opposed to the more literal and less natural word-for-word translation technologies most commonly used today. Additionally, OpenAI's technology is fast and translates in near real-time. Accordingly, the Special Committee has been tasked with assessing the formation of a new business unit to pursue not only LGL's own translations but also the development and commercialization of a product or service to market to third parties.
Also, as I was analysing past trading days, it's easy to understand that when you see these 337 000 shares repetively sold in 1 hour difference. 1st) it's sold by the same short seller 2nd) it's a short selling ladder attack.
Here is a cell screenshot of 788 900 shares sold mostly at 0.07$ and partially at 0.075$ taken on December 29. I can't wait to see that amount back during the shortsqueeze.
Link to the screenshot here: