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Re: dragon_silk post# 22731

Tuesday, 12/12/2017 9:16:48 AM

Tuesday, December 12, 2017 9:16:48 AM

Post# of 33254
Agreed. I think until the note holder or whomever is feeding the mm's with those $10k chunks below bid stops they will continue to manipulate the price down trying to get more shares from those blocks at a cheaper price.

The cheaper the share price the more shares they get from those blocks.

EX:

$10,000 / .055 = 181,818
$10,000 / .045 = 222,222

IMO they are spreading them around to other mm's to possibly cover short positions or just to have shares. If so they know a major run is coming and want to have shares on hand or have any short positions covered.

If they do indeed have short positions the company could have crucified them by releasing huge news, and not feeding them, causing a short squeeze. Oh well...

When those blocks stop we run hard.
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