Followers | 90 |
Posts | 2093 |
Boards Moderated | 0 |
Alias Born | 11/29/2016 |
![](https://investorshub.advfn.com/uicon/585359.png?cb=1481667089)
Thursday, June 21, 2018 10:39:04 AM
MMs want to short shares at .0998 because they think CFGN won't move above 10. It's easier for them to cover on a large spread if they short at a higher price (duh), so if you let them come down to like .0921 then it puts them in an uncomfortable position.
The reason they come down is to make it look like selling pressure to get the dump, if they actually wanted to sell they wouldn't put it on the ask at .0921 when there is a bid at .092. Buying shares off them when they are down lower does more damage.
MMs are gonna work this slow. They have all day to try to get this under 9, and they will ramp up the pressure at 3:30 like they do every day.
Now you Dwyane me...now you Dwon't
Recent BYOC News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 10/06/2023 09:19:32 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM