CYDY has been a shorter's dream over the last year
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Posted On: 08/24/2021 3:48:20 PM
CYDY has been a shorter's dream over the last year and a half with all of the swings on news, conference calls and Proactive videos and general drama around the company. So spreading doubt about the company has likely made money.
And when you add in the guaranteed Fife offloads adding sustained downward pressure, the stock has been a short magnet. Some of it may be coordinated (boiler room types?) and some is just individuals shorting plus there are longs like the aforementioned psea who have become extremely disillusioned with management and have a major axe to grind.
Throw in 13D and the intensity has reached an all-time high, although the short interest has dropped over the last few months so the assault on management has been coming from from the polarization around the election.
And when you add in the guaranteed Fife offloads adding sustained downward pressure, the stock has been a short magnet. Some of it may be coordinated (boiler room types?) and some is just individuals shorting plus there are longs like the aforementioned psea who have become extremely disillusioned with management and have a major axe to grind.
Throw in 13D and the intensity has reached an all-time high, although the short interest has dropped over the last few months so the assault on management has been coming from from the polarization around the election.
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