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Saturday, 03/06/2021 3:47:06 PM

Saturday, March 06, 2021 3:47:06 PM

Post# of 221847
Geesh. It is not the trip sellers who kept the market down. It was a Broker who was being paid by TG Private Equity which wanted the common share price low in order to buy their 500 million Preferred B shares cheap. Preferred is pegged to the price of common at the close on a certain date. Price is driven down by putting up large blocks of stock which are seen as being difficult to get through. So, other sellers come in and put in a block at a lower price. That creates a downward spiral until the price target is met and the entity paying for the price manipulation calls the game off. Since TG Private Equity now has their shares, the game should be over and the price rise. That still does not preclude sellers with huge blocks doing it themselves for shorter lengths of time. Rarely do they have to sell their large blocks that are put up as WALLS. They get to keep their shares and buy more at a much lower price.