88 Energy Ltd (EEENF): there were millions and millions in buys...

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Re: Smilin_B post# 15313

Wednesday, 04/07/2021 12:36:24 AM

Wednesday, April 07, 2021 12:36:24 AM

there were millions and millions in buys flowing in and the market makers WERE NOT MOVING IT UP. they kept taking it down, keeping it flat. i think they determined no matter what to keep it under .02 - no matter what.

did any institutional investors dump today? i bet not.

market makers know the game, the naked short - ESPECIALLY IF THEY GET WIND of a buyout/merger - and the powers that be KNOW they have to convert 1:1 shares to complete the paperwork, they will move a mountain and screw 10,ooo retail shareholders to square their books.

that was NOT bad news on the 5th. it wasnt wonderful but it was no reverse split or CEO indicted or bankruptcy or some other disaster scenario. something else was going on here. it was beyond stupid and frankly wrong, borderline illegal manipulation.

look, i get it. but the buys were coming in in HUGE chunks and this thing WAS NOT MOVING UP. that aint right.

IMHO

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