HIVE Blockchain Technologies Ltd (HIVE)

[Imperial Whazoo]

Your comment confused me because it looks like the shorters actually succeeded in that the price fell. So, this ENCOURAGES short sellers because they succeeded. In fact, if a guy shorted and prices fell this morning, your second comment , that a lot of folks lost money, does not jive.

Please explain your comment to me. You said:
"The decision to release shares earlier than planned was to alleviate a short squeeze in the stock. Evidently somebody lost some real money going short, Friday's price action in the morning was short squeeze related."

If somebody was intending to squeeze prices DOWN, and if the price this morning did, in fact, go down, how can you explain the early release as an attempt to STOP an anticipated short squeeze? It looks to me that the attempt to take prices down was actually a success, and thus the assertion that the attempt was stopped seems to be unsupported by the price action itself.

And how the early release was a calculated move to STOP a price squeeze is unclear too. How does an early release stop a price drop? It would seem more rational that more availability of shares would actually generate a price decline. Please explain.

I'm not saying your comment is wrong, but would you please elaborate so that it does, in fact, make sense given that prices did fall this morning?

TIA

Imperial whazoo