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Re: justdafactss post# 143553

Tuesday, 02/02/2021 3:54:51 AM

Tuesday, February 02, 2021 3:54:51 AM

Post# of 232398
The Big Short June 30, 2020 is very well documented in the following link: (https://wizardofvegas.com/forum/off-topic/off-topic/35005-stock-short-attack-analysis/). Within this document, there is also an embedded link from Emerging Growth that goes into greater detail of the events of June 30th: (https://emerginggrowth.com/misleading-headline-on-cydodyn-cydy-triggers-algo-selling/).The research article mentioned in the commentary regarding the big short is from Citron Research, “The SEC Must Immediately Halt this Stock Promotion Scheme”:(https://drive.google.com/file/d/15JX8NaZT0qjyUmW3xw1_05i3M8Tcifzi/view)

My personal summary view of these events are as follows... The Citron Report was out at 9:30 EST followed by the Dump occurring ~ 11:29 EST. One event proceeded the other i.e., the dump did not occur before the report. My belief is the intent of the report was to damage the stock to trigger a sell off and profit from its use. The report was intentionally full of misleading information and only remained long enough to produce the intended result. After which, Citron pulled the report. “Citron pulls bearish Cytodyn report” (https://seekingalpha.com/news/3587750-citron-pulls-bearish-cytodyn-report

Reviewing the short report, the trading action was remarkable with over 22.3 million shares shorted on June 30th with several very large blocks of stock sold at once. This following links summary account of what was believed to transpire:
(https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156662042);(https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160982250); (https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160983061); (https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160982250). Any rookie investor would not sell those size blocks of stock if they were trying to maximize their profit... There’s way too much of a coincidence having this research report published and pulled so quickly with the large share blocks sold to not consider the two connected. If you compare that to the number of shares from the previous week, there were ~32 million of long shorting. So, what does that level of shorting create in one day, a precipitous price decline from from the intraday high of $10.01 to $4.65 in roughly 7 minutes!!! Hard to produce a counter argument that this was anything other than a coordinated attempt to manipulate the stock price of CYDY!!!

Another aspect of the stock manipulation is believed to be the practice of naked short selling. The following is the sec.gov link of the detail of failures to deliver along with a snapshot of the settlement days leading up to and after the big short on June 30, 2020. (https://www.sec.gov/data/foiadocsfailsdatahtm). Also note the total volume of shares traded on June 30th!!! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160979612




Certainly not all the shares traded on June 30th were from those involved, some are likely day traders that got a free ride on the manipulation that occurred. How can it be perceived this short attack was not not planned to suddenly have 22.3 million shares trading after taking heavy losses? We believe fraud was committed by Citron Research and those privy to the report before it was released. That is the only only way in my mind to get that level of volume with extremely large blocks of stock traded in sequence that would trigger that level of downward pressure to take out stop loss orders and induce the type of panic selling witnessed on June 30th!

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