CMKX:my opinion on the drama
ok lots of people have their ideas for why JEFF is holding it down or taking it lower. some say he is shorting it, some say he is working with melvin in some way.well if you go back and read the pr's and you take into consideration what all these people say from the races it sounds like Melvin is a good guy and cares about his shareholders. whivh is hard to find in companies these days. after reading some updates from the races and listens to everyones conspiracy theories this is what i beleive IN MY HONEST OPINION..
in my opinion i think JEFF is not shorting. that would be too stupid at this point in the game and it would be obvious. however he is the market maker controlling the price.now we know the mm's are short shares so remeber that. now what about all these 9000000 share blocks trading at the same time??? insider trading, deep pocket people, or..... is it trading between the market makers to cover and is it Melvin retiring shares back to the treasury. think about it if he is buying back shares to retire to the treasury he wants to buy them back as cheap as possible and at the same time the market makers want to buy shares to cover as cheap as possible. i think both sides came to an agreement to hold this thing down while everything gets taken care of. remeber this is all my opinion only... do you own DD. i do think CMKX is going to make many of us very very wealthy... millions wealthy!!!!!