CMG Holdings Group Inc (CMGO)

[Imagineer66]

The shorty who sold 500k yesterday at 62, covered today at 51. While this causes many here some trepidation, it only earned the shorty $550.

MLang, if you wonder if the stock is worth, consider this. The main opponent today made just $550, gross. If one had margin enough to trade sub-pennies, there were a lot of other places to make a lot more that in the market today. That's not bad for a hobbyist, But, given they made nothing the previous 3 days, equates to about $50k as a full-time trader. That's not pro level.

Someone is trying to manipulate this stock. But, other than upsetting us, it's not working very well, CMGO is still up over 30% in a couple weeks. If one is a technical trader, the last two weeks are just inside days for July 7th. For a manipulator, that's failure.

All of this leads me to the conclusion that the manipulator is either an algorithm in which case it doesn't care how much money it makes or this is a personal on some level.