Logiq Inc (LGIQ)

[cody1212]

This happens all day long, the naked shorts which are usually hedge funds work through/with market makers and create artificial/fake shares that appear on the sell/offer/ask side as sales. However, they are nothing more than fake shares for sale. The constant pressure of more and more shares for sell drive the price down not to mention they will price the sale of such shares below the actual last price.

Ex. Weyl trades up to $4.58 a few days ago and next offer/ask is $4.22 then $4.12 then $4.11 then $4.02 and $4.01. Just as you think it's going up, nope more shares for sale.

A short is supposed to locate, borrow, sell the share then buyback but they never locate and never buyback. Think this doesn't happen? The best example is Dole Foods (yes pineapple Dole the one we have all heard of)

https://www.bloomberg.com/view/articles/2017-02-17/dole-food-had-too-many-shares

There was 36M shares outstanding the company goes private and they go to pay each of the shares their portion but 49M shares show up. How is that possible? Naked short.

So Weyl has 2M extra shares holding the price back and they need an event like a sale or a DIVIDEND that halts the trading of the company to expose the naked short, show how many shares are actually fraudulent and force them to cover.