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Re: samiamla post# 3930

Wednesday, 02/03/2021 12:27:56 PM

Wednesday, February 03, 2021 12:27:56 PM

Post# of 4045
Typically, when you see it slammed like that its a short attack. They borrow shares, dump them on the market to hopefully cause others to sell out of fear so the price drops dramatically. Then they buy them back at a cheap price from those that sold out of fear.

Unfortunately for them it looks like they could only borrow 5000 shares which hardly put a dent in AASP. I didn't really see any other selling besides the shorting so it looks like this short was a complete fail.