It was never denied that the DBMM share price was increasing. What WAS denied was the reasoning behind it. Most here thought it was because the new shorting rule was close to going into effect. Some thought it was "naked shorts" covering.
The realists on this board thought it was simply yet another pump and dump. Since the share price started down well before the announcement of the new rule being delayed, and the volume was never enough to support the theory of naked short covering? The only valid explanation of the rise (and now the fall) of the stock price is the pump and dump theory.
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