RE: General Observation1 Oct 2021 14:26
There are 2 independent things happening Cold Brew.
The auto sells are by shorters and have been going on for over a year now ever since 4D appeared on the US pink lists for penny stocks.
They were controlling the price very effectively. They seem to be a US entity as one day the price rose when they stopped for a US holiday and promptly started again the next day. They have naturally been more aggressive since Oliveira started selling frequently launching a big bunch of auto sells seconds after he has dumped.
If you sometimes see a string of buys following a dump that's the shorts taking profit. As I said yesterday it was interesting that some Oliveira dumps at 56p were not followed by auto sells as if they had a low price limit for the short.
Saying that the short is an AI quant fund so it is likely to be dynamic.
I hope no one needs any money for Xmas!