Replies to post #19232 on Resonate Blends Inc (KOAN)

[Luho]

Shorting ahead of conversions. So there are both shorting and conversions. I believe that's what the other poster implied.

If you look at the quarterly, the increase in biweekly shorting percentage, and the stock's price history and short history leading up to (and during) heavy conversion periods, its a safe conclusion.

All you can do is connect the dots and feel confident in those conclusions.

To me, it all adds up. We predicted this would happen. Especially given the history of the stock in 2017 (recent history). It's already hit over 130% just one week after establishing the ultimate bottom (that we pointed out when ARXS absorbed those shares). Now with VNDM and BMIC gone, it can trade more naturally.