Saturday, September 04, 2021 9:07:20 AM
HopehelpsU
Bullish
12m
$CRTD
Amazing r the lengths Hedgies went to in order to hold CRTD sub 50 dma of 3.50. I saw many 10,000 to 24,000 sh sell orders popping up on L-2 @ 3.50 during PH & into close & until they shut their algos (sell 100 to the bid) in AH did CRTD bounce back to 3.40s
Disheartening? YES
Worried? NOT
WHY?
1) Hedgies were WRONG to select CRTD as a Short/BK Target, they DD'd CRTD incorrectly & underestimated the potential of the co. biz model, didn't expect 200% YOY Revs bump & what's worse? A better company forecast
2) Float of 2m sh out of 10m makes it difficult to cover enough shares to get unrealized gains to currency. The asks spread 1-2% higher than the bid makes it impossible for them to cover without causing a huge spike in PPS, hence the "sell 100 the bid (Band-Aid) algo"
3) US, yes they never envisioned a small group of Apes gathering over 1m shs! This, together with a surge in Insider Buys makes it IMPOSSIBLE for them to escape. Something must GIVE EVENTUALLY!
WE R WINNING!
Show More
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM