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CJ_27

10/18/18 5:38 PM

#30718 RE: SweetEquity #30709

SweetEquity: How do you tell when they lose control? What are the indicators you are monitoring?
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CashMoneyCarl

10/19/18 8:04 AM

#30749 RE: SweetEquity #30709

Good Morning Peeps..

The big players, like Citron, can afford to short large stock prices, but the one's controlling our stock are not that deep-pocketed. They do appear to work in concert to some extent and compete against each other as well. They can easily lose control.



Citrons tribe does work together and its easy to do. I do not have a twitter account but if I did I would follow Citron. I do NOT like anything about them or what they do.. but when you have 90,000 followers, thats a lot of momentum in a stock. All they do is tweet something bad about a company, and then all the followers jump on them like sharks in a feeding frenzy. The reason I would follow is after the short attack is over, I would ride it back up to the previous level. Most of those stocks seem to recover.

The stock price right now is largely arbitrary - IMHO. Soon this stock will be getting a great deal of attention and it will overwhelm the shorting sector. They will then lose control of price. I've noticed days when they lose control but then at some point after when the volume drops, they regain control. It's all about relative volume.



I would like to add a little to this.. it is about relative volume but its also about the float. When a stock has a low float like this one, it doesn't take much to move the price.

I was left holding the bag on over 5 million shares of a sub penny (.0001) stock that has over 20 Billion shares outstanding. A little while later an iHub pump and dump team came in to try to run the stock up. 4 Billion shares traded in two days and the price did not even move. Not once. Too many shares will kill a stock as well.

CVSI does not have that problem, and probably never will. When there are not that many shares available, buying and selling will move the price without much effort. When the price moves like it does here, that attracts traders as well as investors. Why trade a stock that isn't going to move, right?

Just my two cents. Look for stocks with a low float.