Jeunke I always remember the company that went bust and shareholders went to court where it appeared the registered amounts of shorts was I thought five or tenfold the registered amounts. Funds and market makers had to compensate massively because they could prove that! I am convinced that the amount of Lightwave shorts not registered can be 5 to 10 fold or even more. Naked shares naked shorts had to cover yesterday. Our familiar basher that predicted we should go to less than 0,20 was maybe more correct than we thought. The aim was to get it really really down. So there could be a financial problem with going bust or massive dilution as a result. I am convinced the basher had a direct line with the criminals. Also the delisting of the Russel was related to that. I have to research but most likely something didn’t work as they planned. And the share recovered. Today we will see more of the volume like yesterday and as said earlier a squeeze is not excluded! The bashers 180degree turnaround is just a cover up. Wish I had his details….
One thing that seems to me is that some of that large Demand part of trading of the participants turned into Supply as well. For big money such big price jumps means a too large profit to compel selling. That also seems why the volume was so high. The Demand/Supply dynamic and participants intent interests and motivations are too many and a difficult question to analyze.
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