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masc2279

04/28/21 10:00 PM

#15360 RE: golddog00 #15359

Except if the stats on all the short site are to believed

https://marketwirenews.com/stock/kync/short/

there is a ton short. More than 50% per day ... at some point if its true they are going to get burned and we are going to scream upwards.

mm107

04/29/21 12:17 AM

#15363 RE: golddog00 #15359

Belive it or not... $KYNC is #1 on the FTD (failure to deliver) aka naked short list.

But as traders here on KNYC with no pumps, we embrace it... we know their isn't any dilution at this point and been here for a while watching the chart support grow. So if they want to keep naked shorting it, it's only digging themselves in a hole. Shorting and Naked shorts only work when dilution is happening cause only diluters sell less then the supports on the chart... they picked the wrong stock to FTD.

But its part of the game... when you go to a board and everyone is blaming shorts for a price decrease 99% of the time, it's not the shorts. MMs short in front of notes knowing they can cover. They shorted this when it was around 005 because after the first run, we did have an aggressive seller (it's clear on the chart) but once they ran out of stock, notice it took up and stair stepped up.

mm107

04/29/21 1:35 AM

#15364 RE: golddog00 #15359

Here's the short volume today for $KYNC

Insane 168M shorted...

But notice no matter how hard they try, they are digging a deep hole for a them to have to cover.

https://i.ibb.co/bsWb2ZZ/20210429-013241.png">https://i.ibb.co/bsWb2ZZ/20210429-013241.png" />