Pacific Ventures Group Inc (PACV)

[Slimjim48]

Hedge Funds are the buyers. MM’ers borrow shares at a ‘premium’ rate, payable at a designated time in the future….along with the shares.
The stock is at .008 when the mm borrows , say, 500k shares. He sells 500k at .08 and pockets 4k. But he has to return those shares, but he needs to buy them back at a lower price….and he does this by manipulating the ‘spread’..
creating panic amongst retail traders. He wants it to go as low as he can take it, because the difference is the money he pockets.
This is pure manipulation and the antithesis of market makers responsibilities.