Ann: Update - Notification of buy-back - CUV, page-9

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rla4000

948 Posts.

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12/04/24

13:52

Post #: 73315745
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Originally posted by Silverchair: ↑

I think they are being a bit wimpy, on the 3rd day they didn't buy any shares (that was 2 days ago) - on that day they closed up but still shorters knocked 2% off the price at the end of the day to close it 1% below VWAP and the buyback should have made this harder or prevented it by buying some shares. Shorters are still manipulating like crazy, usually closing the price below VWAP (which is usually artificially low anyway) and circular trading as usual.

They need to take a leaf from the legendary Chairman at Polynovo's playbook, he just stepped in and bought millions of shares on market when they were ~$1 and since then they have gone up over 100%. That really sends a signal and takes some liquidity out of the market quickly. What I mean is I don't mind the slow, grinding play with the buying back of shares but they need to have a couple of 'big days' where they buyback 40 or 50 thousand shares up to the max. allowable limit to reduce the amount of shares being kicked around by the hedge fund that is shorting CUV. They are going to buyback 1.5 Million shares (and keep going if required) so a quick reduction of 200 thousand or 300 thousand shares will still leave more than a million to keep grinding away with.

All IMO DYOR

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which is WHY ive always felt this price suppression is personal.

Why the F wouldnt the fund controlling CUVs price want to make money? isnt that the point of this? As such release the shackles, turn the bot OFF and make money on the upside going long??? This isnt happening which I find confusing.

Its asthough the fund(s) controlling the price are not after making money. I dont get it. All they care about is destroying the SP.

Last edited by rla4000: 12/04/24

CUV Price at posting: $15.15 Sentiment: Buy Disclosure: Held
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