Velatel Global Comm. (fka VELA)

[IsaacIronridge]

Nice Chart Penny - Doesn't Look Good

It looks as though most shares yesterday were shorted. This would lead to the thinking that whoever is selling at .0003 is selling all of those shares short, most likely in anticipation of the next Ironridge unload. When the next humungous dump happens, they will cover at .0001. Not a bad return. Am I the only one seeing how this is happening in real time?

I would not be surprised at all if the short is someone affiliated with Ironridge. Unfortunately, there is nothing anyone can do about it. George Alvarez has put on a blindfold and covered his ears. I own shares, but will not be adding more because of this outrageous activity.