GBT Technologies Inc (GTCH): Hlm, what really gets me though is that...

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Re: Highlandmike post# 14307

Thursday, 02/16/2023 8:23:21 AM

Thursday, February 16, 2023 8:23:21 AM

Hlm, what really gets me though is that there was 114M shorting. It stomped any pps spike, but why? Yes, I dislike shorting. Yes, I would like it to be removed from all trading platforms. But I still do not entirely understand the mechanics that funnels money out of the pockets of retail traders into the greedy SOBs on WS!

'Things' are done on these platforms for two reasons/factors only: to gain or to stop loss. Where did that understanding factor into 149M shorting that day. Obviously, a third factor is missing from my sight. What is it? If money changed hands, who benefited? Wasn't done for trading "fun", that is for sure. Positioning for gain later??? How's that?

Food for thought in abundance!

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Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 08/23/2023 10:01:08 AM
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