These boards, including ILST are certainly used by the hedges. Note that for the first time in months there isn’t anyone posting negative comments about ILST.
The last negative person discussing ILST even said “goodbye” in his last post. I suspect it’s because the MMs stopped shorting since they know news is about to drop so they pulled them. The MMs have been loading ILST for the last several weeks. After merger news, they’ll let ILST run for a while and pump this stock, and the second that the MMs start shorting there will be a dozen people yelling “dilution” and “scam” simultaneously. After the MMs have placed all the shorts they want they’ll dump their shares, widen the bid/ask to artificially drop the prices and sell a few more lots to convince people the price is crashing. Then everyone will rush to sell their shares when they see the price drop by 25% in half an hour. The momentum is killed and they keep it shorted for a month or two, cash in most of their shorts, cover the rest and then do it all over again. The negative posts on IHUB’s boards are a great indicator if a stock is being shorted.
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