Repost:
Ambassadors, we thought it important to share this letter with useful information:
LETTER FROM A SHAREHOLDER
March 24th, 2021
Dear IQST Shareholders,
As a trader with access to detailed trading technical information, I thought it necessary to share some insights into trading patterns for IQST from the last couple of days. You can discover most of this information using stock charts Level 2. I will allow you to draw your own conclusions on what this means for you as a shareholder in iQSTEL (IQST):
It appears that Citadel is shorting IQST stock hard. Patterns suggest they began shoring hard at PPS 1.50 and kept pushing till the stock was below PPS $1.
Although not confirmed, it is suspect that market makers like Citadel were instrumental in causing the trading issues on 212 Trading.
There was $5,000,000 in selling, with most of the pressure seemingly from Citadel.
They “stepped in front of the stock.” If I am correct, Citadel kept lowering the Offer to short the stock to keep it under $1.
Hedges or Market Makers do this to break a stock, and then they buy it where they know it is priced to make money.
This Citadel type of maneuver is a very old “Bear Short-Play” used over and over again. Most recently, Gamestop was an example on a much larger scale.
Market Makers and Hedge Funds like Citadel are looking for shareholders to “panic sell” and are the ones gladly buying up the shares that were sold.
A Beart Short-Play is a typical strategy when Hedge Funds or Market Maker analysts identify the fundamentals of a company look sound; however, they can capitalize on a potentially nervous market. They crush the stock, buy it, and hold for significant returns over a more extended period. In other words, they seemingly have confidence in the long game on companies like iQSTEL and are hoping for inexperienced investors will panic and sell to them.
There are strategies for fighting back against shorting stocks, as recently seen with Gamestop and AMC. It requires Diamond Hands and strong teamwork. However, this strategy will not work for every company, and this is no recommendation.
Did you play by the rules of long-term holding, or did you possibly fall victim to the Citadels’ of this world?
I will end this letter by reminding you of the key strategies for one of the world’s top investors, Warren Buffet:
Warren Buffett is one of the modern era's most well-known and successful investors, weathering even the most severe bear markets.
Buffet's philosophy has been to identify fundamental value in a company's long-run competitive advantage, along with several more specific criteria.
As a result, a bear market can be seen as an opportunity to acquire valuable companies' stock when their stock is down.
I hope you have a better education of what is occurring in the market and perhaps can better understand how to deal with these types of Bear Tactics on the stocks you hold.
Yours truly,
Fellow iQSTEL Long
PS Here is a cartoon that I found that makes the point.
______
*** This letter is not an endorsement to take any action. This is not a suggestion to buy or sell IQST Shares. Please trade at your own risk and be sure to read all of the group's rules including Legal Disclaimers. - IQST Admin
