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Tuesday, December 05, 2017 12:55:47 PM
NITE and CDEL are shorts, they are not retail. If they were than you would be right that they are stupid for putting up huge blocks on the ask because they would clearly make more money as the stock goes up.
But they make money as the stock goes down, usually selling to themselves with a little retail mixed in (us).
Also I had debates on here about dilution even when the company is not current....and VNDM has proved me right. Whether it's old notes or who knows what (OTC is so sketchy) but clearly new shares are hitting the market in addition to the shock/sell off with this PR.
EHOS management is beyond deceptive when all their info is cannabis related and with the new laws going into affect in January... this new direction is a big let down to everyone here.
HORSES ARE NOT WHAT WE THOUGHT WE WERE INVESTING IN. PERIOD.
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