Share
1,326 Posts.
lightbulb Created with Sketch. 105
clock Created with Sketch. 25/04/23
13:39
Share
Originally posted by HCgreggy:
↑
The short sellers have not been able to cover the 3.6 million shares short sold. The daily shorts are mostly one side of transactions that the short sellers transact amongst themselves. Most daily transactions are small buy/sell transactions via high frequency trading. Buying and selling to yourself or your mates to manipulate the share price should be illegal. I would be interested in an update of the top twenty shareholders and predict little change. There is a psychological component to this trading to get retail holders to exit at a loss. Our loss is their gain. This game will continue until we have substantial buyers come in to pressure the short seller's to cover before this company finally realises its potential. We have the product, we have the process, we need evidence of production and sales.
Expand
Thats what it feels like, an attempt to shake out retail.
(20min delay)