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For shorts to be so committed to this stock it speaks volumes. Some of the big ones must be in way to deep to back down at this point. I wouldn't be surprised if many are still trapped from last year and earlier this year. I remember this one guy on Twits that was bashing day and night and would short every little pop. Haven't seen him ever since it ran up and refused to give in.
Ask yourself why someone who hates a stock would post on it day and night, 7 days a week. Hmmmmmm
https://franknez.com/wall-street-journal-is-owned-by-citadels-ken-griffin/
Looks like it's a 15 to 1 share consolidation. PPS has held up on the news so far. Let's see how it plays out over the next few days. Could be one of those rare runners post RS. If the WSB boys join the party post RS it could get interesting. They've been watching for some time
Interesting premarket action. Haven't seen it trade like this in some time. I wonder if the dilution is done for now.
On the short side i take it
Oh it's being shorted. The average dIly short volume is around 50%.
Likely holds a short position. Wants to be around to say "should have listened to me when I warned you", "I told you... blah blah blah"
Might as well be the DOT doing the investigating. We all know nothing will come of this
BREAKING: The DOJ has launched a major criminal probe into short selling by hedge funds and research firms, seeking signs they improperly coordinated trades https://t.co/g4zPOF1Abp
— Bloomberg (@business) December 10, 2021
He knew it was coming but he had a few mansions to buy. The scumbag will keep diluting and misleading investors. He doesn't care about the science and saving lives. All he cares about is lining his pockets.
Opinions are like a$$holes Neil Patric Harris wants to stick his d!@k in them
If anything it's the exact opposite. Any possibility of a SS was obliterated once they let that new round of dilution rain. All this time they were saying they had over a quarter billion in cash but yet they had to do another round of dilution to raise more capital for the acquisition. What happened to all that cash from the dilution earlier this year that tanked the SP from it's 52 week high
JDR loves handing the reigns to Maxim. It's like he gets off on watching the SP tank while Maxim uses the ATM to suppress the pric2 while they short the stock to oblivion
Let's see a damn reversal today. We are long overdue for one
It's actually brilliant on Farid's part. He keeps the shorts guessing this way. Worst thing to have in a publicly traded company is a quiet CEO. Look at all those small cap stocks on the Nasdaq that get hammered into oblivion because they are run by CEOs who rarely communicate. By the time any good PR is released it's too little too late.
If they have a series of PRs lined up post share consolidation/RS (call it what you may, it's the same thing) this could be one of those rare success stories post RS.
At least Farid has the sense to keep the shorts guessing. They take full control when a company goes dark. Have to give Farid some credit where credit is due.
You see many small cap stocks on the Nasdaq that just stay quiet way too long and in between the shorts have a field day with the stock
Looks like the party is over. The MM that was tightly controlling it has either taken a new approach or has moved on and it is now just sinking lower and lower with every passing day
Next announcement from JDR; we are excited to announce that we divesting our EV bussiness to reposition ourselves in the hot lingerie sector lol. Oh and here are a few hundred million more shares
I wouldn't call it a scam but there's definitely an opportunistic CEO who's lining his pockets. The moment Maxim came back in the picture it was bound to fall apart. If he really gave 2 shits about investors he would have held off on dilution
Big boys are in full control again. JDR sold the so called #NakdArmy out to enrich himself on this last ditch effort to cash out on his little golden goose
Yawn. Wake me up when something interesting happens.
The hedgies that lost big at the start of the year are back in control here thanks to JDR's endless dilution. If he really gave a shit about the so called #NAKDARMY he would have let it run on the news then diluted at a much higher price but he wanted to make sure he got his money ASAP
RS will all but guarantee that price equivalent pre RS
They seem to be aiming for a 1 for 10
This is reminiscent of the old NAKD but it does stand out on it's own. The way that chart flatlined is very odd. Could get very interesting.... or not. Let's wait and see how it plays out
Got a buy order in at $0.40 and $0.16. No idea why they won't fill... please advise
That's why most shouldn't buy till 10 AM when the morning volatility settles
Most likely. There's some serious F#@kry going on here. Extremely manipulated
The way its been trading recently seems to signal that the MM that was controlling it all this time and holding it in a very tight channel has taken their foot off the breaks. One big pump and it could fly
Might see a bounce around 10:20 AM
The money won't last that long. He dilutes every few months. Sneaky Tom never seems to have enough cash
If we can finally break a buck and hold this will go intergalactic, forget the moon
The profit margins should be Yuuuuge. I was thinking to order an EV electric fully built out food truck from Alibaba and they are going for under $10K. Imagine CENTRO's profit margins on their vehicles.
This is huge news. Think about how many vehicles they've sold to date and now think about this 1st order...
JDR needs his money. He's cashing his ticket
Mark this post, gonna come out and just say it...
...this could tank into oblivion...
...or it can run wild. There I said it! Bold prediction!
Our problem here is that JDR has given Maxim an endless amount of shares to dilute which they've been using to suppress and manipulate the price.
The chart is identical to RIVN this morning. Looks like the algos have has trading together
JDR loves turning to those crooks. It's like he has a back end deal with them