Lifeist Wellness Inc V.LFST

From yahoo (USA)

[whisky11]

Happy Tuesday longs! Looks like bashers turning up steam because they haven’t gotten there expected sellers to dump so they can cover their short positions. And daily activity shows shenanigans but we’ve been here before. It’s getting more difficult for them to drive down the share price. Stay strong
Mar 28 - 184,432 volume, 110,381 short volume, 59.85% of volume shorted
Mar 25 - 351,213 volume, 211,693 short volume, 60.27% of volume shorted

[randomtask]

Only that clown JJ would post something as laughable as this.  Shorts have been selling and covering for years on this stock but it's such a low percentage of the outstanding shares it's insignificant. Don't be jealous because day trading is the only way to make money on a stock that's been riddled with failures and deception from management    how many cellf

[Oban1kenobi]

Whisky can you please explain a bit more to me on the following - What exactly are people shorting this to ??  we are currently sitting at a year low and almost ALL time low of 7 whole red pennies.....Where are the shorters going from here ? I understand shorting this from 4 dollars down to where we are at today of 7 cents...BUT where are the shorters going from here?  5 cents ?? At

[deet]

Exactly. These dope stocks are a joke. There is nothing left to short. We....and so many others ...are at rock bottom now.

[randomtask]

While i don't think this company is viable in any sense of the word, i also don't see any value in shorting it; the risk is too high with penny stocks unless you control both sides of the board.  The volume is so insignificant right now that even if people were shorting, it's certainly not a big player.

[whisky11]

whisky11: Shorting it's a tool to keep stock price low, if they don't supply "ask" side with fake shares ,stock price would go up it's colled "market forces" Shorters spent money on this activity, if the company need to finance itself they will have to issue more shares at 7 cents the  at $3 sp. If they working for competition, our company is  

[Oban1kenobi]

Well Thank you for that explanation Whisky that is some of the most sense you have made in a long time!! Now if what you are saying is true wouldnt that be something that could easily be made public and is that even legal ?? Shorting it down a company down, forcing it to take loans at far lower share value  pegged against the loan, and then continued pressure in the attempt to bankrupt it ..