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Wednesday, March 13, 2019 4:17:36 PM
I must say though....
With all due respect, there are shorts in penny stocks. I know this for a 100% fact. Yes, big money needs to be in the account of the borrower of shares, but it happens and is usually the most stupid simple profitable kind of trading in the OTC for those that can do it. (not in the US)
Usually, I would only use this indicator in my own trading and don't even bother posting publicly anymore.
This time, it plays key with CRSM because of the 51m float and no note holders so it is a strong point in the way this moves and the way I expect it to move in the near future.
Since there is someone from the company that may be in charge of social media and reading this I will also let you know...
It is a great possibility that someone will be calling wanting a block of shares. They may request the holder of a block to sell to their client at a certain pre-arranged price lower than this. I hope you won't do it. If you don't sell to them, they will have to buy higher on the open market. This happens. 100% guaranteed no doubt in my mind. I won't argue with anyone over this fact because it doesn't really matter what others say.
Of course, everyone has to make their own decisions so good luck to all :)
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