Allied Energy Corp (AGYP)

[GoinGreen]

I know I am right and that's just one day. We went back and looked at every trading day for the year and found the number was over 48 million shares shorted in the last twelve months.

Manipulation on this stock by market makers is staggering. 47.5 million shares shorted in the last twelve months on AGYP is ridiculous. Why on earth would they feel the need to short $15 million dollars worth of stock in the last year?

Answer: They went naked short early last year on the initial run and thought the company would dilute, they haven't. Now they are buried in this stock paying 22.99% borrow rates on a massive amount of naked shares (my guess would be 35-40 million naked shares).

Anyone watching the stock trade can see its being heavily manipulated by a few market makers names PUMA, CFGN, CDEL and INTL...

Scottsdale Capital is just one firm that we have good reason to suspect are buried and they've run to their buddies for help here too. Problem for them is you now have a producing oil company that isn't issuing shares. Hiring people to talk badly like some we see on this board frequently doesn't help the market makers and hedge funds doing this cover their naked positions. In fact, they go deeper every single day. For example yesterday, they shorted 470k out of 590k in one day. Why? Ask yourself why!

Take a look at the last 10 trading days and how many shares they have needed to short.

https://otcshortreport.com/company/AGYP

I have gone back an added up the short positions for the entire year from Finra's data and it is indeed over 47 million shares shorted. Multiply that by an average of $.325 and what do you get???

$15,275,000

My answer to why is simple: Last year when the stock made its initial move from $.03 the shorts started shorting heavily as the numbers show. They expected dilution from AGYP, they expected like most micro caps that there would be 100's of millions of shares issued and dumped into the market, but that hasn't happened. In fact if you look at the issuances it's been over a year since anything has been done and the share structure has remained basically the same.

In fact the share structure has not gone up since the stock was at $.83 months ago. So again, ask yourself why the stock went down. AGYP is selling oil as is proved by the Texas Railroad Commission and they aren't printing more shares. AGYP released a PR saying they will be doing a share buyback not selling more shares.

So, just like when I called the same stuff out on MJLB it was going by the numbers of the float and the numbers of what was short and what was held by strong hands. That stock went from $.005-$26 in a matter of weeks when the top blew off.