Posted On: 04/27/2015 7:26:53 PM
Post# of 9144
it is typical for shorters to short in cycles -push pps down to their target -sell -siphon money from longs -then let pps rise again so they can rinse and repeat.
Emeralds post on another board indicated he recognized NNLX had been under concentrated attack for weeks by shorters etc
He sent an email to the company and they replied they knew it was happening but had no solution-saying they could not buy shares on the open market.
and said NNLX said, "If someone is doing this professionally, then who is doing it? More importantly, WHY are they doing it? We are a small company with great technology and expanding sales and someone has shown they are determined to ignore what we have and focus on hurting the share price. Someone has a reason for trading small amounts of shares in clearly definable patterns to damage us."
Emeralds post on another board indicated he recognized NNLX had been under concentrated attack for weeks by shorters etc
He sent an email to the company and they replied they knew it was happening but had no solution-saying they could not buy shares on the open market.
and said NNLX said, "If someone is doing this professionally, then who is doing it? More importantly, WHY are they doing it? We are a small company with great technology and expanding sales and someone has shown they are determined to ignore what we have and focus on hurting the share price. Someone has a reason for trading small amounts of shares in clearly definable patterns to damage us."
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