Re: Jamestown
in response to
by
posted on
May 20, 2024 12:34PM
(Edit this message through the "fast facts" section)
If they get to 5-10% they would have to file material ownership documents just like the hedge fund did unless they do it with multiple "unrelated entities". Either way, the only reason they would do this is to gain control? Why? They see value and want it at the cheap? Long term, that should be encouraging for longs. Don't sell to them. If it was to destroy the company, well they'd also be destroying their own capital.
Currently, volumes are very low. Spreads can be quite large. I've mentioned how on some mornings the MM has to put up an order or two otherwise the bids could be way below last price. We need more interest.
There is close to zero retail interest. IMO It's mostly retail that puts in limit orders that hang around day to day but the order book is pretty empty. Once the market opens, some orders appear which to me is largely traders and brokers. Not moms and pops.
I really thought Jack was a stand alone poster but as time goes on, his rants are just too similar and frequent to shrimp, boring and crash that I now may have to consider them all as one. They are hyper-posting non stop which is very suspect. This guy has got to be paid by someone as 99.9% of posters would have given up long ago. This is like his full time job for 1.5 decades now, attacking every hour of every day. Just like CNN (deep state) and their TDS hatred. I'm sure ELVA has to know who he is by now as I think they may have taken action against him at some point in past? Do you?
Back to the shorts as you didn't quite answer the question. Were these claims of customers cancelling orders recent, or just rehashing stuff back in Litarion days?