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Just dumping large amounts against any momentum, losses be damned if they choose to buy back in the next day because that's not their end goal.

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They care about losses. They just know they have a ready victim in Cytodyn. Years of talking crap about Cytodyn, stalled out progress and the collapse of the share price by shorts has made investors very wary so demand is weak. A weak stock is the perfect opportunity to short at will. It gives you time to buy and cover well below your share price. They may be clipping $5,000 to $10,000 every time they do it but it all adds up.