Replies to post #152966 on JB and ZJMY Holding Co (JBZY)

[SINCERELY2]

OK, but they drive the price DOWN to buy back those shares. Or at least try to. That will soon be much harder to do imo. GO JBZY!!

[pennylandspirit]

Wrong you can’t short OTC in USA it is done through Oversees accounts and third parties which there is no record of any of it to actually check

This stock has been heavily shorted. Wheb the real news drops there’s going to be a mad rush to the door to cover those oversees accounts and third-party broker’s

$$$s cometh

[LivingTheGoodLife]

I agree with what you have said, but the MM's are not short selling JBZY to maintain or make a market, they are short selling to suppress or rachet down this stock in an attempt to cover all of the shorting they are doing on all of the ask slapping. If you have L2, you will see exactly what I am talking about. When someone slaps the ask, these MM's are filling those slaps below the ask price. That drives down the stock below the market. Then, they put up a wall on the lower filled price or maybe even lower, and then they undercut the ask slap again, and fill the new ask slaps with a lower shorted sale price, etc., etc. This is not short selling to create a market for JBZY, JBZY already has a market. They are short selling to suppress the market and keep it from moving upward and/or to stop any run potential. IMHO, we closed below .08 because they kept shorting the ask slaps, undercutting higher ask prices, and ratcheting it down. IMHO, many of the short sales, shown on the daily are not your typical short sales that they use to create a market, they are to suppress the market.