Post by
davidaud on Oct 13, 2019 9:36am
Buyers and sellers
So - If HCG is no longer buying 200,000 lots daily, who is?
One party attempting to buy control?
Who is selling? former directors and major shareholders?
Comment by
WBuffett1 on Oct 13, 2019 4:16pm
probably the short sellers. They still need to cover 10%+ of shares. They are slowly covering to prevent a short squeeze, but they are bleeding very badly everyday. High borrow interest cost and losing huge on the trade itself.