Here's the one I got from 1~Eye if anyone wants to
Post# of 3935
1~Eye~Jack!! Member Level
Sunday, April 23, 2017 2:36:56 PM
...it doesn't surprise me,, 95% of OTC Traders fall into Short traps and that is why they have HUGE amounts of $$ to Drop the PPS... Have a Good Week-end Buddy,, it took me a while to understand how Shorts REALLY work...
.0779 -.0211 (-21.31%) <<<-that is what everyone see's this weekend,,, so my bet is it hits the 200ma by weds, easy w/o News...
I have a Core of shares and sold off the Top area,, so I'm good either way... but here is the Expanded version of what I think...
GIGL IS going to the .05's area w/o News,, so if everyone holds off buying now and Buys between .05 and .055,, you will get MORE Shares per $1!! The weak will certainly be OUT and Chase once it bounces from there... Just saying... Otherwise,, everyone "Slap'n the Ask" is just giving the Shorts $$ to Borrow even More shares...
Remember,, Shorts Short High,, so they were loving every minute today when you were fighting with them and get'n people to Buy,,, that gives them strength because they have been Shorting this since .25's area,, and as the PPS goes down,, and you guys buy their Shorts on the Ask,, their accounts grow and they are allowed to borrow even more... MM's are also shorting along with the Shorts... Stop Feeding them both,, $$,, let it drop and then Buy Low at the BID where they think they will Cover (between .05 & .055),,,...so cut off their Cover supply at the BOTTOM! ...and THAT my friend,, is how you ACTUALLY Burn Shorty! = The PPS Bounces so fast and Hard they Race it up trying to Cover! It is Simple Supply & Demand,, both ways...Up & Down...
Unfortunately 95% of OTC Traders don't understand this simple fact... The PPS went UP from .00's because Supply was limited,, all the way to .25,,, now the Shorts and MM Shorts Flooded the Shares by starting the Shorting there @ .25,,, so Supply of shares now in GIGL is plentiful,, and Idiots "Slap the Ask" today will freak at the slightest drop and sell for a loss next week...lol Strange but true...
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Short (finance) Explained here: Click on "Did you mean: Short (finance)?"
https://en.wikipedia.org/wiki/Short_(finance)
& here with Video:
http://www.investopedia.com/terms/s/shortselling.asp
Naked Short Selling Explained here:
https://en.wikipedia.org/wiki/Naked_short_selling
http://www.investopedia.com/terms/n/nakedshorting.asp
..and here:
The Truth About Naked Short Selling
http://www.investopedia.com/articles/optionin...elling.asp