Shorters intelligence is way ahead of the average punter on HC... that's a given!
I posted on 31Jul23 that the price should be $1.80 when it was trading in the high $2's and rising, I also gave my one single reason why. It turned to be rather prophetic because I named ALB, not surprisingly there were many of the opposite view. I was right!
So ALB pulled out and down went the price, who'd have thunk that? Then ALB sold their stock and the price dropped, who'd have thunk that? The lithium price has dropped from $80 down to $10 and the share price dropped, who'd have thunk that?
I can suggest who didn't think that
Shorters have been ahead of the game, they have far more intelligence, they have a huge amount of $'s at stake and risk aplenty. So they have incentive to get in behind the scenes, do their sums on overvalued assets etc, etc, etc, those on HC don't have access to the info that the shorters have, nor do they have the contacts, HC punters are part time investors at best.
Your explanation sounds intriguing (and blame shifting) but it's much simpler than that.
I'm genuinely surprised how much interest the video has attracted as it's very basic common knowledge, and it's legal. It seems that it's okay to pump a stock and cheer as the price rises but when the stock drops due to outside influences like major holders selling and the commodity price crashing then those who missed all the signals are looking to apportion blame elsewhere rather than taking responsibility for their own actions or inaction. My suggestion as always would be to DYOR and do it thoroughly!
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