Talking about EEGC shorts. The best way to cause a panic for the shorts is to deprive them of information. If they can get caught unaware that will cause panic and cause an avalanche of covering when positive news arrives. Then up goes the stock price. This is a short term event as once the covering is completed the price per share will settle at a price deemed acceptable by the market. the short term panic covering is good for the flipper but has little or no affect for the long term investor.
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