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Re: None

Tuesday, 12/06/2022 11:30:37 AM

Tuesday, December 06, 2022 11:30:37 AM

Post# of 709414
I think we are seeing the newly revised short tactic as a consequence of the lawsuit for spoofing. They now manipulate to maintain the price (not lower it) - They cap the stock price on good news or expected buying pressure. They have now pretty much successfully flat-lined the share price at $1 for almost the last 2 hours, rather than allow the news of LL presentation last night and of the insider buying to raise the share price. IMO the reason for t his is that in the spoofing case it is "relatively" easy to show damages by the amount of the decrease in the share price. But if the spoofing is done so as to maintain the current price (cap the SP) the there are no obvious damages and they would then have to show what the stock might (should have) have risen to, but for the spoofing action to cap the SP. This is more difficult to prove conclusively - so the manipulators think that despite the court case they will get away with this. what is clearly needed is a much higher buy volume that will storm and overwhelm the spoofers. for this, we may need real news, not just anticipation of the good news likely to come. BUT COME IT WILL!
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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