InvestorsHub Logo
Followers 49
Posts 2011
Boards Moderated 0
Alias Born 11/02/2020

Re: Zorax post# 43845

Thursday, 04/18/2024 5:41:14 PM

Thursday, April 18, 2024 5:41:14 PM

Post# of 44875
I agree. This spike today is typical of those other companies putting out a press release to set up something like a "Naked Short Task Force" which causes the stock to temporarily go up, followed by the inevitable drip back down. It essentially plays out like a not-so-secret code to the market makers and high volume investors to artificially push the price up while luring in unsuspecting newbies and retail into the (brand x) hot stock receiving all the buzz on the message boards. More often than not, new share dilution or warrant conversions are happening behind the scenes with newbies having no clue what diluted crap they are actually buying. The sophisticated traders scalp profits on the way up (or dump well-below-market warrant shares) until the eventual trap door opens and the shorting begins again while newly-created bagholders post "what the heck is happening, why is this dropping??" posts. The cycle starts all over again with some other new bogus press release that gets pumped, rinse and repeat. Nasdaq usually does not tolerate this penny stock crap for long, so play the game while it lasts.

Here's the proof.....I challenge anyone to post credible evidence of a successful Naked Short Task Force.....LMFAO!!!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent DJT News