Tuesday, November 21, 2017 10:47:05 AM
This can plunge 40% on little or no news with such heavy short position
The shorts have piled into this for reason
The short position of this size is telling me this is over pumped and will plunge quickly when bad news arrives and it will
The shorts know ICO news is not great
You bet !
why would they short close to 100% float
Keep in mind this stock has only one Analyst pumper covering..
That is very bad sign..
That's a small time analyst..not even reputed one
This was 15 dollar stock not long ago and up 30 dollarson all BockChain hype
Ihave written code for BlockChain apps and know the game pretty well. All their 9 startup under the incubator are nowhere and compete joke, most people buying this on BlockChain hype have no clue of BlockChain tech andjust falling for buzzword
OSTK has essentially invested in few junk small time blockchain startups that are ot going to generate dime for years..
Hype is BlockChain..sadly it's npt transferring to revenue for many years
wake up
Don't get sucked into BlockChain hype
Most here have no clue of BlockChain tech..
They are just falling for BlockChain word
They just spike this stock in first hour and then dump it later
They pump it hard and sell into bid later in the day
I watch Level 2 closely
Once volume fades after first hour, they start shorting it hard
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