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Re: Stockdoggy post# 28318

Saturday, 08/24/2019 7:16:35 PM

Saturday, August 24, 2019 7:16:35 PM

Post# of 34626
Stockdoggy, again, you and others want to attribute the fall in price to manipulation, . . . based on the fact that the stock fell in price.

Beside the price and volumes traded, the only real data we have is shares shorted on the rise and shares covered after the drop, which doesn't help the "Short attack" argument.

Beyond that each person comes up with what they believe is a plausible (but vague) explanation based on assumptions that are debatable, if not highly questionable. Just go back and read these posts and cross out anything that is pure conjecture and see what is left.

A couple things.

You said, "Nothing illegal, just immoral," but what you describe is illegal. The SEC specifically says manipulation of a security's price or volume is illegal and you claimed several times the shorts were doing this to drive the price down.

About shorting. Black Friday we opened >10% down so the uptick rule was in effect and we had a 3.5 million share day. We know shares available to short were scarce so how did shorts "drive the price down"? Where did all of these shares come from?

You said, "I think that institutional shorts continued shorting during this time to keep the price somewhat in check." Why would they want to keep the price rise in check?

About manipulating small company SP, do you really think that would go unnoticed by our institutional investors?

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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