Da ist einiges dran:
last week there are 4 91k blocks on the ask at 44 cents today 216k on the ask at 40 cents. thats an exodus. algorithm is chopiing away at bids and lining up the asks as they follow them down.. just watch level II
1. : Shlomi Cohen is not stepping down until end of year. 2: August earnings. This always sells off. The tarriff excuse is used already, This will go under 20 cents or even lower as the diehards are finally letting go of their shares. 3 : October is the end of the line for meeting the NSDAQ requirement. So after its delisted, reversed, or OTCC at year end; Shlomi will be chairperson of the board. The failed CEO will be leading the seacrh for new CEO. This is not meant to succeed. That's a solid plan. Naked Shorts will hammer this into submission as they have been. The board gets free warrants, and the business, whats left, is evaporating. This is why no real money is buying, only endless large blocks on ask chasing the bid lower. This wont be around this time next year
Welcome to Wall Street, the world's largest fixed casino ! Naked shorting is very legal.. Also reason many smart investors that go long, go with well established campanies with solid commited management. A good CEO has some skin the game. When Shlomi sold all last November, that was a signal this was truly done ! A man that tripled his salary while destroying the share price. He was insulant enough in a CC to blame Trumps tarriffs for the HUGE miss. Solutions are not tarriffed. There was many signs well befdore Shlomi this was not on the up and up, as far back as 2006 and esarlier. I can go on forever. Its still a short .. Be careful here !
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