Two questions, Mr. Ramjet: 1. Beyond the obviou
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Posted On: 10/15/2024 5:13:21 PM
Two questions, Mr. Ramjet:
1. Beyond the obvious reasons some BP or hedge fund might short or nakedly short CYDY - they want to either destroy us or get us cheap - can you think of any other reason why some trader(s) or entity puts so much pressure on a 15 cent stock?
2. Besides announcing a partnership or other great news, is there any way CYDY can combat this daily beatdown? Can our CFO get the attention of some SEC-like agency, some kind of regulatory overseer to stop any naked short selling?
And I really don't get this naked thing at all. How can someone call up their broker and say "sell 1 million CYDY shares" without either having the shares or borrowing the shares? Are brokers not held to any penalties (jail time) for inflicting such financial damage on companies and investors?
1. Beyond the obvious reasons some BP or hedge fund might short or nakedly short CYDY - they want to either destroy us or get us cheap - can you think of any other reason why some trader(s) or entity puts so much pressure on a 15 cent stock?
2. Besides announcing a partnership or other great news, is there any way CYDY can combat this daily beatdown? Can our CFO get the attention of some SEC-like agency, some kind of regulatory overseer to stop any naked short selling?
And I really don't get this naked thing at all. How can someone call up their broker and say "sell 1 million CYDY shares" without either having the shares or borrowing the shares? Are brokers not held to any penalties (jail time) for inflicting such financial damage on companies and investors?
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