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Posted On: 12/16/2023 10:18:26 PM
Post# of 148866
Question: On Friday morning, when we opened with a nice jump - but then rapidly fell off - is there any way to tell how much of the selling was shorting or naked shorting?
I can't understand why anyone would sell right off the bat into very good news. I know the company needs money, and I understand the Paulson people need to be paid, but why not wait till the price clears 30 or 40 cents - like it did the previous week on just rumor? Why kill the rally minutes after it begins?
I can't understand why anyone would sell right off the bat into very good news. I know the company needs money, and I understand the Paulson people need to be paid, but why not wait till the price clears 30 or 40 cents - like it did the previous week on just rumor? Why kill the rally minutes after it begins?
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