Replies to post #6126 on Destiny Media Tech Inc (DSNY)

[brooklyn13]

I appreciate the effort you made to explain naked short selling to me earlier. That being said, is there any proof whatsoever of your points #2-4? It seems like you're almost trying to fit the facts into a pre-determined scenario

[Justfactsmam]

#2 - Go back to the $100k suit between the company and short seller. They have been shorting for years back when it was .40

#3 - Self-evident...if you are short, you do not want the company to be up-listed and gain further traction and investor interest, raising your margin call accordingly.

#4 - "IMHO"...I am not talking about 10K shares here or their by weak hands or those who want to move on. I am talking BLOCK share of 50K, 100K and more...do not show up..except by the short.

And they have another problem...the lower they go...the more buyers IMHO will come out and snap it up...leaving them deeper in the hole.

There is no practical, acceptable way out for them...just delaying the pain. The only (painful) way out right now is buying...which will cost them more and they know it...

the ultimate "I'm screwed" game...

No doubt their only other "painless" way out is if DSNY fails completely...so that is what they are hoping for.

IMHO..They are boxed in a corner like a caged rat and have no other alternative but to hope DSNY stumbles and fails...

[kmikesara]

no fanfare about the launch?? you have to be kidding. Dsny exhibited at a major conference just awhile ago and has been publicizing G2 for a year, plus major institutions like Cormac have been actively following Dsny for quite some time now. Anyone who is short is not shorting more but rather just trading right hand to left to suppress what buying interest there is in the stock.

If G2 works, then pps should take off very nicely, but if everyone was sure it was going to work then there would be a lot of buying taking place right now to take advantage of a very stable pps.

[BlueSkyMining]

I don't think dropping slightly below the $2.00 range will cause a reset for a Nasdaq listing. I think the Nasdaq exchange not only looks at price but other variables with a notable being volume. Since over 400k traded with relative price stability yesterday, this has probably shown the officials at Nasdaq Destiny's strength more than weakness as a solid equity. If shorts were looking to disrupt Destiny's progress yesterday before the G2 release then, I think their risky money spent backfired and will cost them a great deal more come next week.