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Tuesday, 08/07/2018 11:48:12 AM

Tuesday, August 07, 2018 11:48:12 AM

Post# of 68083
DRUS stock price was driven down over the last week from .0120 to .0080s primarily by CDEL (with the help of CANT and CSTI who joined in). $DRUS is the most shorted stock on the OTCs. Retail doesn't short stocks hovering near a penny since it's impossibly expensive to do so. But market makers don't have the interest/margin issues to worry about. MMs shorted this down to current levels. They've been making money shorting on the way down and selling on the way up, many times per day, for a week, reaping huge profits from scared retail.

Now, for the first day since CDEL started driving down the price, CDEL, for now anyway, has stopped driving down the ask into its own bid. It has a relatively small ask at .0086, but it seems CDEL has loaded its boat and may have covered its short position.

I just loaded another 900K shares at these prices. A stock that's manipulated down this quickly can be manipulated back up just as fast, and I expect that will happen soon.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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