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$Vinco Ventures (BBIG.US)$ when you see large volume at the ...
$Vinco Ventures (BBIG.US)$ when you see large volume at the highest prices like the past couple of days, by definition it’s not from HODLers. Looks like it was institutional shorts opening positions to me. prediction is 1.31 EOD
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13149494 : How to open short position can bring the price to 1.9?
Mike Hunt OP 13149494 : That’s where the short positions were opened. At 1.90. In order to do that, the price must be manipulated up to that level. You need as high of a starting point as possible for max short profit.
13149494 : Why not 2, 2.1, 2.2 with higher profit?
Mike Hunt OP 13149494 : Ask them.
71535617 : By definition no volume no matter the size is from HODLers. Wth are you talking about? If they were part of any volume then they're not HODLers. A lot of that high volume is all of the creditors dumping their share when they know the price was as high as it was going to get. This is going back to 70¢ and lower until they're bankrupt, which won't take long considering they're out of cash and don't have any real revenue to speak of coming in. No cash coming in unless they can sell new shares.
Mike Hunt OP 71535617 : Read what I wrote. WTF are you talking about