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Posted On: 12/06/2021 6:00:13 PM
Post# of 148908
Re: I_luv_cydy #111766
There was basically no news today, yet in 3 distinct instances huge trading volume dropped the price. I understand everyone has motives, and clearly cydy is able to be manipulated based on volume and the fact that it telegraphs all its intentions. Its clear that we are a ways from announcement of big events such that people feel free to short the stock. If you look at the volume and drops someone shorted about 500k of shares a few times and dropped it a few pennies.
So if they shorted 500k x 0.03 = $15,000, less any fees, interest, etc. But maybe i am over simplifying. But potentially someone can control the share price less any catalysts for very low cost. it was down 0.06 on about 5M shares or in trading value change about $300k for the day. Its gone down more on lighter volumes. So someone with deep pockets can tank my investment with active management and coordination with MM's who make money up and down for $300k. Assuming 800M oustanding stocks it potentially cost someone 300k to bring down the net value of the company by $48M. Thats the power of shorting a company.
its either deep pockets, small time day traders making a couple thousand, momentum trading seeing the action, mismanagement (actual or percieved) of the company in the markets eyes, or all of the above. Thats what we are up against. It happens every day. Every few days we will see a green day of a few percent to keep the pump primed sometimes to keep action in the stock. Only when we have undoubtable data, news and approval will it change. We are all sitting here waiting, complaining, wondering, conspiracy theorizing, etc. Only one thing will change our outlook, then none of this will matter.
At that time I would like to see NP go Michael Corleone at the baptism on all these actors and settle all the family business.
So if they shorted 500k x 0.03 = $15,000, less any fees, interest, etc. But maybe i am over simplifying. But potentially someone can control the share price less any catalysts for very low cost. it was down 0.06 on about 5M shares or in trading value change about $300k for the day. Its gone down more on lighter volumes. So someone with deep pockets can tank my investment with active management and coordination with MM's who make money up and down for $300k. Assuming 800M oustanding stocks it potentially cost someone 300k to bring down the net value of the company by $48M. Thats the power of shorting a company.
its either deep pockets, small time day traders making a couple thousand, momentum trading seeing the action, mismanagement (actual or percieved) of the company in the markets eyes, or all of the above. Thats what we are up against. It happens every day. Every few days we will see a green day of a few percent to keep the pump primed sometimes to keep action in the stock. Only when we have undoubtable data, news and approval will it change. We are all sitting here waiting, complaining, wondering, conspiracy theorizing, etc. Only one thing will change our outlook, then none of this will matter.
At that time I would like to see NP go Michael Corleone at the baptism on all these actors and settle all the family business.
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Yours Truly
Lamont
#1 30.58333 114.26667
#2 39.002744, -77.103470
Lamont
#1 30.58333 114.26667
#2 39.002744, -77.103470
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