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Posted On: 02/01/2021 5:42:23 PM
Post# of 148892
My brother put in an order to sell CYDY at $7. He ended up getting hit at $7.09! What I think happened from checking with the Reddit board is that the shorts were lined up to cover at $7.00. That would make sense that they were in line before him and shares then went at a premium. That would explain the closing price move. I was buying today from the start with the hope the shorts would capitulate today and go long. I think that’s what happened. That was the Reddit plan and it looks like it was successful. I see no upside resistance tomorrow, just my thoughts.
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