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Posted On: 02/20/2022 11:59:44 AM
Post# of 145880
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Re: craigakess #118764
In CYDY situation .0001% of SP is based off anticipation of BTD. In all actuality SP is way over shorted to a point that it would take many many negative PR’s to bring down much further than .50 cents. As some have pointed out not much any money to be made at these levels for shorts. One could argue they are losing much more daily in Interest. So why hold down? Possible to make a buyout offer look more enticing than it really would be, or to just detract new buyers from purchasing a stock that isn’t moving one way or another.
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