TON Strategy Company (TONX)

[yerboss]

No. They are stuck in their underwater short positions and can't cover without possibly chasing it even higher. They were able to walk it down before but they cannot do it now as we have a lot more active support in the market.

At some point they will cover. I am guessing they are covering a little bit every day. Not enough to create a run but with their wash trades and signal trades they are likely eating that elephant one bite at a time.

Once they are covered I expect they will go long as they witnessed the 4000%+ run in 2018 and the 1000%+ run in 2019.