Hiru Corporation (HIRU)

[RumblinBumblin]

Just made a few calls to former friends of mine at two trading desks and google searched for articles.

Here is the result.

CDEL is the BIGGEST shorter of stock in the market...period...it is not even close. From big board stocks to OTC stocks. Wherever they can find momentum and weakness. Yes they also route trades for other MMs but that is becoming a smaller and smaller part of their business in recent years. There are articles on their actions against the Wall Street Bets crew from Reddit. a plethora of links on this very issue of their actions over the past year especially. They are also being called to be in front of the U.S. congress to answers questions about their trading actions and whether it hurts a fair and efficient market. There are actual death threat against their CEO on this very issue. Their program is designed to find inefficiencies then beat the hell out of it.

This news cycle on this issue started with the AMC GME trading from last year and their actions.

So for you to say it was built to engage an orderly trading market is incorrect and specious at best. And yes, they still have a human element on the trading desk managing the program and making human trades as well. So you are completely wrong on that statement as well.

Just setting the record straight.

So yea it is what it is period!

They are pounding HIRU as the stock does not have enough buying support yet for them to slow down. They push downhill as they sell causing their program to sell more then cover quickly a the resulting lower price.