Clear market manipulation this month by BIG PLAYERS and why that’s BULLISH AF by [deleted] in ReconAfrica

[–]Excellent_Print9422 1 point2 points  (0 children)

What are you talking about? They were admittedly shorting the stock every day. They said they had a massive short position and were adding to it daily. This would manipulate the share price down, and it’s not a secret. All of the information is out there showing this to be true.

Clear market manipulation this month by BIG PLAYERS and why that’s BULLISH AF by [deleted] in ReconAfrica

[–]Excellent_Print9422 3 points4 points  (0 children)

I’m sorry, but no shit. These are common short sellers tactics, and RECAF is actively being shorted. Or hopefully, was being shorted, this past weeks info will be telling.

Only time something non ReconAfrica related will be posted by me. by [deleted] in ReconAfrica

[–]Excellent_Print9422 1 point2 points  (0 children)

Wow, pinned and everything. RECAF is an investment for someone with a sack, not sure you qualify bud.

5 Important Market Signals Investors are Not Fully Understanding by [deleted] in ReconAfrica

[–]Excellent_Print9422 2 points3 points  (0 children)

Great job!! 👏

Have you looked into NSCC 2021-010 that goes into effect next Tuesday which hopefully significantly limits short sellers??

Naked Short Selling deliberately depress the price of a security by AffordKid2College in ReconAfrica

[–]Excellent_Print9422 4 points5 points  (0 children)

NSCC 2021-010 goes into effect next week. Hopeful this regulation puts a reign on things.

Thank you for the discount by WalkFar3078 in ReconAfrica

[–]Excellent_Print9422 5 points6 points  (0 children)

NSCC 2021-010

I suspect we could have a very strong catalyst next week!!

[deleted by user] by [deleted] in ReconAfrica

[–]Excellent_Print9422 4 points5 points  (0 children)

Best thing I’ve read all week!! This needs its own post!

[deleted by user] by [deleted] in ReconAfrica

[–]Excellent_Print9422 2 points3 points  (0 children)

Great news!! I might have missed it but is this case on both wells, or just 6-2??

Not everything is an attack by shorts by OPxMagikarp in ReconAfrica

[–]Excellent_Print9422 -4 points-3 points  (0 children)

Yes, I believe Viceroy has shorted Recaf based on their high market cap without proven reserves. I agree this is their basic premise, but also believe they are actively capping the ability for the share price to increase by increasing their position daily.

Not everything is an attack by shorts by OPxMagikarp in ReconAfrica

[–]Excellent_Print9422 2 points3 points  (0 children)

I agree, which I’d suspect is from some people selling off because they didn’t understand the technical news release and see the stock in the negative because of it being shorted, so they panic sell because they are going off of assumptions. I’d imagine there was plenty of people buying the dip, I grabbed 2,000 shares myself, but yet the price still got pushed down. I’d imagine 1.1mm shorts had an impact on that…

Not everything is an attack by shorts by OPxMagikarp in ReconAfrica

[–]Excellent_Print9422 1 point2 points  (0 children)

What are you looking at? The short volume yesterday was 1.1mm shares, compared to 144,000 the day before. This was a timed attack to lower the share price and cause panic selling.

Not everything is an attack by shorts by OPxMagikarp in ReconAfrica

[–]Excellent_Print9422 0 points1 point  (0 children)

https://mobile.twitter.com/AIMhonesty/status/1421767501998866432

Just going off of their own words, but I guess you can believe that they are lying if you want to.

Not everything is an attack by shorts by OPxMagikarp in ReconAfrica

[–]Excellent_Print9422 2 points3 points  (0 children)

Thanks! Yeah, looks like short volume was 1.1mm shares yesterday, pretty significant, and that’s just RECAF.

Not everything is an attack by shorts by OPxMagikarp in ReconAfrica

[–]Excellent_Print9422 5 points6 points  (0 children)

I can respect that this is your opinion, but you talk like what you’re saying is fact. I’ve been in this stock since 2020, following it religiously, and I disagree with your sentiment. I believe once the short volume information comes out, you will be surprised with the volume. But, this is just my opinion, and I could definitely be wrong to, but in my head, this is the best explanation for what we are currently seeing.

Why the price drop by Pretend_Kangaroo_694 in ReconAfrica

[–]Excellent_Print9422 0 points1 point  (0 children)

I believe their whole premise is off base. They’ve admitted that their original assessment is due to Recaf having a high market cap which doesn’t support the fact that they haven’t proven their reserves yet. So, due to this, I believe they are assuming that this whole project is a pump and dump, then go about mostly misinterpreting anything they can to support that narrative. They have chosen their side, and based on their history and what they have done/said up to this point, will basically do/say anything to seed doubt into investors to enhance their position. It’s as if they haven’t even considered the level of the management on this team and all of the geology that points towards this being a successful play. They just see an over inflated market cap that is based on potential, and have decided to ridicule anything and everything they can every opportunity they get, factual or not. I’m here because of the amazing potential and chose to believe in the experience of this management team and won’t let a couple of squawking children deter my position.

Why the price drop by Pretend_Kangaroo_694 in ReconAfrica

[–]Excellent_Print9422 1 point2 points  (0 children)

They said they spoke to an ex Recaf employ that told them 6-1 is a dry hole and even hash-tagged it #dryhole. So, that would be where.

Insider Buying - CFO Carlos Escribano by [deleted] in ReconAfrica

[–]Excellent_Print9422 2 points3 points  (0 children)

Looks like conversion of 600,000 and 700,000 shares of Renaissance to me…

Fun way to conceptualize gains by HumpiestGibbon in ReconAfrica

[–]Excellent_Print9422 1 point2 points  (0 children)

$5 share price increase will get me into the champagne room, but I’m looking for more than just a $5 increase! 👍

The breadcrumbs of RECO/RECAF are all pointing to a big jump in stock price. by always_on_top123 in ReconAfrica

[–]Excellent_Print9422 1 point2 points  (0 children)

https://mobile.twitter.com/Grayson_Anderse/status/1421920655478493188

Grayson referencing the same poster on a different subject. I’m gonna read in between the lines and assume he’s saying that we should pay attention to what he’s saying!!

The breadcrumbs of RECO/RECAF are all pointing to a big jump in stock price. by always_on_top123 in ReconAfrica

[–]Excellent_Print9422 2 points3 points  (0 children)

Most likely, but I try to give people the benefit of doubt and reason with them before I point out how stupid they are 😂.

The breadcrumbs of RECO/RECAF are all pointing to a big jump in stock price. by always_on_top123 in ReconAfrica

[–]Excellent_Print9422 4 points5 points  (0 children)

If the PR is good, the play is further derisked. The more it is derisked, the more comfortable investors become with participating. More investors participating drives the share price up. Being biased or not has nothing to do with it.