InvestorsHub Logo
Followers 307
Posts 28000
Boards Moderated 0
Alias Born 01/28/2013

Re: Adedier post# 6269

Friday, 01/06/2023 12:36:47 PM

Friday, January 06, 2023 12:36:47 PM

Post# of 11599
Well they didn’t actually sell off, they used a portion of their shares to short. They still have substantial long positions. The run to .70+ was organic and more than justified. They realize that if they suddenly short or throw up a big block near the top the Ask, the uninitiated will sell in a panic, as they think they misjudged the company. They will continue this practice until every single weak hand is gone. These groups play with 100’s of 1,000’s of shares. They can afford to lose 100,000+ to gain a million at a lower price or pick up a 25% gain on a short.

Do not rely on my opinions when making investment decisions. They are only opinions and I am probably no smarter than you!