EastWest Bioscience Inc V.EAST.H

Shorting is not the issue

[Odelay]

The problem here is a small number of people who own a large number of shares. They aren't shorting, they are using their large float to walk the price down using walls, selling into the bid, and wash trading in the last few days. Each day they convince one or two more people that this is going lower, and the people join them in selling. You can see for yourself that every time someone sells lower, 7 and 79 buy at the lower price. There are only two ways to stop it: let them be the only sellers down here or/ new money buying through their walls. There is, of course, a third way: they could F off and stop messing with us.

[goldbug27]

Thanks for that insight. I wish that was illegal. Ultimately though (if they hold a large number of shares) they will want the share price to rise to make a profit. But of course they must be making money making it go down...shorting :(

[Nolo]

Odelay, today all kinds of people bought at .095, not just them. I'm flying blind because I don't have L2 but maybe they stopped their game or they moved their bid down a notch? Can you confirm this? If they are letting go one share to get 2 or 3 more from scared investors, then it's not a zero-sum and they are accumulating. If they are accumulating, they might try to pump this up

[Stoneralltime]

It is worth the try and good job on doing it!

[Goldy63]

[Goldy63]