Helios and Matheson Analytics Inc (HMNY)

[BobDoleYahoo]

Citron's tweet didn't phase HMNY at all. Citron holds no victory. If Citron had not tweeted, eventually longs would start selling AFTER the news on Thursday. But since Citron got involved, here's what happened:

GRAPHICAL CHART I CREATED: https://photos.app.goo.gl/mxuHULnk67Ndo2nu2

1. Weds started with a huge pop.

2. Shorts were all trapped.

3. Citron's tweet (which normally destroys any stock within seconds and minutes) basically did nothing to HMNY. Citron was powerless against HMNY. HMNY never went red. It stayed green. Buying and short panic covering (at great losses) pushed right back up to $38+.

4. When I saw this, I bought in with everything I had in the $33 range to help push the price up. That and other buying did... I posted repeatedly here (go through my history) for longs to jump in and stop being pansies. A lot of longs were being pansies and didn't jump in (i.e. desert the battle).

5. Shortly after that, there was a trading range between 35.9x and 36.8x. It kept trending up slowly but surely. This means there were less and less sellers and more and more buyers. If this eventually got to $39+, this would be the all time high since MoviePass was mentioned, thus all shorts would have panicked and started covering, including Citron. When Citron shorted NVDA, they were smart enough to buy calls in case they were wrong. I know Citron was scared shiznitless when HMNY didn't fall. I know because they quickly covered today. They don't want to risk good news and getting killed.

6. Around 12:15 or so, shorts did a massive market order sell to attack and trigger stop losses. This proved to be fatal. If enough longs had stopped being pansies and knew how to read charts and actually piled on, Citron and all shorts would have been dead. Longs failed. Longs blinked. Game over. Longs lost because a bunch deserted the rest.

How Citron would have done it: SHORT IN A BOX

1. Buy long shares along with other longs on euphoric high going up. These shares are making money as the price goes up.

2. Start shorting on the way up. As they short, their long shares make less and less money. Eventually their shares short and long shares equal each other, giving a NET ZERO effect. Any price movements wouldn't matter at this point.

3.Citron then tweets.

4. Panic longs sell and Citron and other shorts who had shorted in a box start unloading/selling long shares (keeping short shares). They would have acquired a lot of shares so they dump at market orders to trigger stop losses. They failed. The price went right back up. Victory for longs were almost guaranteed, but.... it was not to be.

5. Not enough longs buy. Citron then does a massive dump of more of their long shares when they sensed this. This triggers stop losses and scares longs into selling. At this point it was GAME OVER. I realized this because I can read charts. I posted. Game over. 15.93 broke. I sold. It was a pointless battle since not all the longs were in the battle.

Longs had a chance and they blew it.