Replies to post #137931 on Fortress Financial Group fka FFGO

[SevenTenEleven]

FFGO - It is called "cellar boxing". You sell an endless number of fabricated shares at any price, drive the bid back to zero and never cover? Pure money in the bank. With the hopes of a massive Reverse split, and/or a delisting and voila, cash in the bank. Never having to cover or cover at a fraction of the profits they initially took from longs.

Regarding FFGO and "cellar boxing" With the possibility of 5T shares to be fully diluted at one point, MM's and clients of MM's were selling and selling and selling into the runs and also, surprizingly, at $0.0001. With the history of FFGO, they were banking on a repeat of a R/S and/or delays in dividends IMO.