Re: Caution
posted on
Nov 16, 2016 01:33PM
After the financing was announced Anonymous was a huge seller driving the stock down and pushed it under .50 onthe last day. This gave the broker the right to discount the PO at 25% below the closing price. The selling was in blocks not like a retailer but broker selling huge blocks. It turned out to be a 5.5 million short position. Now Anonymous is again pounding the stock before we get an update. My fear as stated before is that the news will be negative. I hope I am wrong.