I see all of these moves as part of a larger picture…. Strategic moves in a game of chess. For example, short-sellers figured Hudson Bay was going to exercise a ton of warrants specifically available to them intern, there would be loads of shares available to cover short positions. As you likely know, part of the clause was, it had to remain above one dollar by a certain date which was likely another tactic to create the short-sellers to dig their hole deeper thinking they would have easier way out at a more expensive cost and a more profitable short position.
No market makers, exchanges, and, of course, a handful of deep short sellers NEED TO COVER as the stock has been on the regulation sho list for nearly 60 days.
All of this covering is soon to begin …… which will likely cause a squeeze in which hundreds of millions of more shares will be needed to cover. It will be at the peak time when a company announces the offering and wage every bit of offered shares will likely be purchased by one buyer home with distribute evenly throughout the other parties and head upstairs to cover their FTDs. Meaning it’s already a certainty for the company to raise funds. Simply it is off of the back room mechanics that I’ve been occurring on this stock.
102374353 : I want to believe what you said, but every TA (not just yours but others' as well) has turned out to be nothing. Like all the analyses don't work for this ticker. Unless they come out with good news, which I doubt so given yesterday's filings, I don't think a rise is going to come
FANCY PANTS : BOY I SURE HOPE SO
Mebium : honestly TA have all been dismissed by the bad moves the company has been making over the past few weeks
RIPPER OP 102374353 : What TA of mine has turned out to be nothing? I never provide any detailed technical analysis ever pointing to any time or date. All I do is show what I see/possibilities.
RIPPER OP Mebium : To be honest with you, I’ll still see all of these moves as part of a larger picture. For example, short-sellers figured Hudson Bay was going to exercise a ton of warrants specifically available to them intern, there would be loads of shares available to cover short positions. As you likely know, part of the clause was, it had to remain above one dollar by a certain date which was likely another tactic to create the short-sellers to dig their hole deeper thinking they would have easier way out at a more expensive cost and a more profitable short position.
No market makers, exchanges, and, of course, a handful of deep short sellers NEED TO COVER as the stock has been on the regulation sho list for nearly 60 days.
All of this covering is soon to begin …… which will likely cause a squeeze in which hundreds of millions of more shares will be needed to cover. It will be at the peak time when a company announces the offering and wage every bit of offered shares will likely be purchased by one buyer home with distribute evenly throughout the other parties and head upstairs to cover their FTDs. Meaning it’s already a certainty for the company to raise funds. Simply it is off of the background mechanics that I’ve been occurring on this stock.
102374353 RIPPER OP : You shared one a couple of weeks ago, on a Friday, and you said you were 100% certain it was going up in pre-market. "Guarantee it", you said. Don't mistake me - this is not criticism. Just saying that the TAs don't seem to matter at all.
RIPPER OP 102374353 : Show it , I would never say that
RIPPER OP RIPPER OP : WOULD NEVER SAY THAT
I NEVER even encourage buying or selling, simply share MY OWN PERSONAL THOUGHTS
102374353 RIPPER OP : Check your posts on 18 March (original post + comment to hellohellohello). Hey, no hate to you, don't worry. I specifically remember them because your words helped to tide me over that difficult weekend of uncertainty. Of course I know better than to rely on a total stranger's advice on trading. All I'm just saying here is that these TAs don't seem to matter. I do hope you are right, but right now as it is, it is all just hopium.