Dutch :
I had some good contacts is the US and not aware that thy were playing the game.
Indirectly, I was informed by somebody that there was a set-up to bring ‘Harbin electric - HEBN’ down
I was even told the day it had to happen. For fun, I set a large order on 6$.....and the order was executed.
Can you image a stock tumbling from just above 15$ to under 6$ in one day?
I had my own moral thinking of it and was so stupid to express it, all contacts were drayed up in a couple of day”s.
Your remark on the broker asking to lend your shares. This is the theory, but if you handling true a European broker, and ask your broker questions, you me have a very funny answer, we call this ‘turning in circles’ or in plain Dutch ‘rond de pot draaien’
I never shall underestimate the power play from shorts again.
