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Re: BrassBalls420 post# 91886

Sunday, 04/25/2021 12:21:46 PM

Sunday, April 25, 2021 12:21:46 PM

Post# of 122565
It's early to discuss share price now. The price was under heavy attack for months, whether it shorting , manipulation, or both, it wasn't normal trading imo (check my earlier posts about this for more details). Despite that, the price has resisted admirably while falling. If you do a little digging, you'll find that this wasn't about $TSNP/$TSNPD/$HMBL only, the same pattern repeated with other stocks too at the same time in a suspicious way which gives more weight to that theory. If true, then the price is not down because this is it's true worth but because it's been manipulated and there's a gap between the price reflecting the real value and the current share price so the price should be higher to meet the actual value. I'd say that if that pressure didn't exist over the past couple of month, the share price would be around $20 easy.

The good news is that over the past 3 trading days coinciding with the enforcement with the new shorting rule, that downward pressure seems to have ended or reaching an end. Interestingly, that happened with many other stocks at the same time too!

So give it time to see how things develop but if all goes well, the share price likely will be sufficient to satisfy Nasdaq requirements. Also someone posted some DD on Twitter that even with the current share price levels, $HMBL can uplist to Nasdaq if it meets the other requirements. So no, I don't think another RS would be required at all.

Always do your DD.

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