Post by
RichardSwings on Dec 07, 2020 12:28pm
Shortdata
Some brave enough took positions according to latest reports. Not the end of the world though.
Comment by
Sunvalley on Dec 07, 2020 6:14pm
Good evening old dog. We should keep in mind also that short selling is commonly used by whoever to control the price . The" Boyz" short sell often to further their nefarious purposes and they have no problem with naked short selling if it furthers their agenda. In my view short selling is poorly regulated if at all , especially on the Vulture exchange.
Comment by
Yajne on Dec 08, 2020 12:28am
Amen old_dog! Traders would be absolutely crazy to go short at this stage, but then again they have their own agenda.
Comment by
Sunvalley on Dec 08, 2020 9:06am
Good morning Yajne. When you think about it , why would anyone go short with 0.08 cents of possible profit as opposed to the possible upside of , pick a number, $1.00? $3.00? $5.00 when going long. ? So in my opinion the shorts have got to have another reason to short other then the profit motive , and that reason is to manipulate price .
Comment by
wealth2015 on Dec 08, 2020 9:49am
Sunvalley I agree with your thinking that since shorting $0.08 stock where company is just starting to create sals doesn't make any sence other than to control and push price lower to accumulate position
Comment by
Sunvalley on Dec 08, 2020 11:19am
........or to impede their progress going forward to the benefit of a competitor who might be paying them for this highly illegal activity.