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Re: H~E Pennypacker post# 109358

Thursday, 08/08/2019 3:46:07 PM

Thursday, August 08, 2019 3:46:07 PM

Post# of 186029
(nearly 2 years for me)

I don't personally buy the manipulation narrative. Some people say manipulation, others say short interest. There are relatively few brokers that allow OTC shorting at all and those with inventory of VRUS are few and far between. I looked around about 6 months ago and found like 57,000 available shares for shorting on one broker site, which clearly would not move the needle at all.

As for manipulation, this is just a retail trader base. I predicted this kind of movement would be cyclical quarter over quarter for awhile (just a hunch) and so far that's been correct.

Naked shorting isn't possible for the vast majority of people and the daily volume in absolute dollar terms is just too small to be attractive for "manipulators," in my view. I think it's all just the vagaries of dealing nearly entirely with retail in the OTC at this price level and market cap.

If someone has to clear evidence of manipulation I'd like to see it. For me, I've only ever seen people speculate about this, but phrase it as a factual claim.