Followers | 376 |
Posts | 17197 |
Boards Moderated | 3 |
Alias Born | 03/07/2014 |
![](https://investorshub.advfn.com/uicon/458287.png?cb=1657037051)
Monday, October 13, 2014 10:54:41 AM
Stated:
"Hence the drop in price so that buying at a lower price will occur?"
Well, then why cover now if that's the "theory"? If "they" these mystery people can apparently cause the price to drop 11% right now before this pre-known "big run up"- then why not just drive the price to say 1 cent, or 1/2 cent or to essentially zero? Why cover at all right now, if that's the "theory"?
If they have this "control power" over the price- why wouldn't they just take it to near zero and make almost unlimited money? Wouldn't that be more logical?
Not "getting it"- this "shorting" theory? Makes no sense IMO. This is just selling and a lot of dilutive, low priced shares "hanging" out there- as in 10's and 10's of millions of them, and more just created by this "Magna" deal on Friday. That's all I see IMO. Not unusual at all when "toxic" convertible debt is used, and used a lot. Dilution has consequences, as does issuing boat loads of below market price, cheap shares all the time- that's my 2 cent opinion. I don't see any "short and cover" vast, coordinated plan going on here- not seeing it? Who would be doing this "plan"?
FEATURED Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • Sep 10, 2024 11:00 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM
North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • NBRI • Sep 9, 2024 9:15 AM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM