Absolutely Brutal! Now with these numbers you decide what’s more than likely the truth! Normal price action? Or Manipulation!
$CNS Pharmaceuticals(CNSP.US$ This is being ( IMO ) Manipulated and Shorted to hell! The average shareholder,( when combining several platforms data ) is holding at about 2.00 PS! So im very confident that holders did not decide to sell of at a loss today when the company actually announced great news! I dont care if i get beat because i made a bad trade! But i do care when market makers help hold price down by sending buy pressure off exchange! This ticker has 123.62% of the FF SOLD SHORT! With a CTB of 407.08%! And FINTEL has had no more than 10K share available to borrow for at least 3 days! And most of that time was 3K or ZERO! Now what do you think??? Hehehe. I apologize for the RANT!
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F HALE : is there nothing we can do about this kind of manipulation?
Lnova : I’m still learning what this stuff means I am down about 70% for my investment I did not use a stop loss. I don’t really care because I didn’t sell it so it may reverse and not be a loss. But I am wondering what happened and when it will increase again. I hope it shoots up
Meoww : IMO such a shameful act. It has great news but shorted beyond the acceptable line for a company that does amazing work.
Jaguar8 : And yes this sort of thing is very reportable. I am sure when we get the data tomorrow a lot naked shorts. I feel bad about what they did here
Lnova : I agree with you by the way, unless there is some horrible news about the company that no one knows about yet… I don’t see why the price would drop this badly over the press release today… the press release caused an increase and this today was the all time low it was in the 30 cents range
Trytosaveabit OP F HALE : Not until the SEC does as other countries have decided to do! Most have now made very restrictive rules on short selling and truly enforce them! Some countries have even stopped the practice all together! Here when SS’s get caught cheating they pay a fine. But they just chalk it upto the cost of making money.
Jaguar8 Lnova : It happens. I already saw some stocks go this way even before market opens. The shorts are very aggressive when they know that the stock is hot.
Trytosaveabit OP Lnova : The company itself IMO has a lot of great stuff going for it. Will it go back up? Im sure it will. But that timeframe of when. I have no clue, at least right now! GL
Trytosaveabit OP Jaguar8 : Sure a lot of naked shorting! Look at the volume and then it’s already shorted way over 100% of the total FF! And the fact that FINTELS numbers were 10K shares LTB 24 hours ago! And 10 hours ago had 1000 and ZERO for the last 17 hours! So yeah 100% dead on with your assessment of naked shorting! Hehehe
Lnova : I am still learning what terms mean so if it’s naked shorting does that mean that the stock didn’t actually get sold? Just contracts for the stock were sold?
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