Thursday, April 29, 2021 12:17:35 AM
But as traders here on KNYC with no pumps, we embrace it... we know their isn't any dilution at this point and been here for a while watching the chart support grow. So if they want to keep naked shorting it, it's only digging themselves in a hole. Shorting and Naked shorts only work when dilution is happening cause only diluters sell less then the supports on the chart... they picked the wrong stock to FTD.
But its part of the game... when you go to a board and everyone is blaming shorts for a price decrease 99% of the time, it's not the shorts. MMs short in front of notes knowing they can cover. They shorted this when it was around 005 because after the first run, we did have an aggressive seller (it's clear on the chart) but once they ran out of stock, notice it took up and stair stepped up.
"AT FIRST EVERY TRULY GREAT ACCOMPLISHMENT, WAS CALLED IMPOSSIBLE" - Fortune Cookie
"A billion here, a Billion there, pretty soon you're talking real money" - Everett Dirksen
ALL POSTS ARE STRICTLY IN MY OPINION.
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