Post by
integrity11 on Apr 18, 2024 1:06pm
Dislike Shorters & Hedgd Funds shorting
My pet peeve is how the shorters and hedge fund are able to work together to bring down the price of NG and oil producers with very few shares traded . I took notice of Tou trading only 199,500 shares at a price of $64,95 approximately 15 minutes ago . 15 minutes later only 207,900 shares have been traded with current price of $64.70. So shorters have been successful in bringing down the share price .25 cents with only trading 8400 shares. I believe it is likely fund managers directly commmnicating via text/messaging with the purpose of bringing down price.
Comment by
integrity11 on Apr 22, 2024 12:23pm
Thank you, Startenout. I will read them. I believe there is a lot of shorting in the oil and NG sector that illegal or corrupt, but I don't know exactly how they do it .