InvestorsHub Logo

MAGA_PATRIOT

09/03/20 9:31 AM

#145346 RE: havnagoodtime #145338

Why play dumb? On the way up, high volumes of shares are sold short. Eventually those that sold short need to cover, so they signal each other to let everyone involved know that the "takedown" is about to commence, then they use small volumes of share to keep dropping the ask/bid. Once they feel the pps is in an acceptable/profitable range for them to cover, they throw up millions of ghost shares on the ask to give the impression of a wall, hoping that unknowing investors sell into their bid, so they can cover.... You already know this, but I'll say it anyway....

"They" are selling short shares on the way up, allowing the pps to increase, while increasing the profits they'll make. They allow the pps to rise to a certain point, and when it gets to that point and/or begins looking too risky (too hard to force it back down), they block it from going any further.


If high percentages of short volume causes the SP to decrease, how could it have spiked so high? What went wrong?

To answer your question, which you already know the answer to, the pps would have went significantly higher than this, had ema morons not been naked shorting. So what you are calling a "spike," is truly nothing more than a small "blimp" in comparison to what the pps would've been, had they not naked shorted, then coordinated the takedown on 8/11.

toncatmad

09/03/20 12:31 PM

#145358 RE: havnagoodtime #145338

The first mistake is using Otcshortreport for anything at all. We all know it’s a clickbait BS site used to portray a narrative that something nefarious is going on behind the scenes holding the PPS back. That stuff only works for nubes and rookies. Any normal trader knows it’s complete BS.
The only legit source of info for “short interest” is FINRA. Folks don’t like to use FINRA because it doesn’t fit the big bad shorty narrative but it’s the only place to get legit info on any given ticker.