InvestorsHub Logo
Followers 17
Posts 1579
Boards Moderated 0
Alias Born 05/15/2018

Re: paup post# 60940

Tuesday, 04/05/2022 4:56:53 PM

Tuesday, April 05, 2022 4:56:53 PM

Post# of 71099
If you look at the last trade of the day that went off at 3:57pm for 15 million shares at a price of 0.000492 it undercut the 5’s just so whoever made the trade would be fairly sure it would happen. The last couple of trades before that were 6’s, who ever it was that made that last trade was dumping his shares which is indicative of a short covering. A long term trader that owned many shares would not be gambling with them to be able to cover a short position with all the positive news that has come out, hence I am assume it was a naked short trade.