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Generex Biotechnology Corp. Message Board

  • xa99978 xa99978 Nov 4, 2013 12:12 PM Flag

    Short sellers strategy to pull price down

     

    If you look at today's trades, some body traded 100 shares at 3 Cents which will be 3 dollars (less than the commission). This strategy will help to drive the price down so that longs will be forced to sell in panic mode. My advice is don't fall for these tricks. If the price goes down, click on the chart and looks for the shares traded at that price. This is plain manipulation.
    With their pipeline strategy and Oral-lyn ready for approval in India (DCGI) and then FDA approval in US, I can only see higher rewards. My advice for longs is don't sell your shares at this low price. Contact your broker and ask them not to loan your shares to short sellers.

    Sentiment: Strong Buy

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    • There is no short seller conspiracy to bring down the price. I doubt there are many short sellers period. The company has done a fine job implementing their death spiral financing to swirl the price down. Any of the aforementioned "tricks" are the market makers in collusion with the warrant holders to allow them to keep unloading at 3 cents.

 
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