Aug. 25 at 2:01 PM
$TRNR
Most of this vol/selling remains fake. 81% of reported vol was short on Friday. Endless washing of shares to circumvent FTDs and rrive price down to wash. However, they simply havent had the vol needed to wash the 10s of MMs of shares naked shorted back in Feb/Mar or since on the sev spikes. They remain in a massive deficit.
Mgmt isnt doing themselves any favors and ita objective to question their motives when there is still no insider buying at these levels. However, they continue to execute on announcements. SportsTech may have fallen outside the original window but it remains in final phase.
Trading today is up on little vol. As soon as the shorting algos are turned off/dlowed down - price jumps on tiny vol due to the selling pressure being fake/manipulated.
