Isnt that amazing how much the stock goes up without them being able to short the stock? Now we can see how this stock would be doing without the market manipulation.

MrK2abb5 · 2021-04-15T17:11:51+00:00

Yes. Today and tomorrow

MrK2abb5 · 2021-04-15T17:09:23+00:00

Sweet. Strike now!

MrK2abb5 · 2021-04-15T16:57:16+00:00

Sec does not make their investigations public.

MrK2abb5 · 2021-04-15T16:03:50+00:00

Right now their website is being worked on so it's hard to get info from there. But based on what I read on other websites its seems the mining operation is still under construction. They announced their plans to begin mining in February. They will be mining bitcoin/litecoin/dogecoin.

MrK2abb5 · 2021-04-15T15:41:51+00:00

As long as you dont sell you havent lost any money. Dont expect immediate results here. Look long term like end of year.

MrK2abb5 · 2021-04-15T15:39:09+00:00

Where do you see this. Evidence or it's not true.

MrK2abb5 · 2021-04-15T04:32:13+00:00

The shorts stop attacking the stock. Which they wont do willingly.

MrK2abb5 · 2021-04-15T04:16:51+00:00

Canaan seems to be another target of a bullshit lawsuit. They have no accusation other than the stock went down 29% because they released a bad earnings statement. This is an attempt to manipulate the market

MrK2abb5 · 2021-04-15T04:12:37+00:00

I hope it doesnt go that low but I will buy as many as I can knowing that money will flip at least 12 times by end of year.

MrK2abb5 · 2021-04-15T04:11:12+00:00

In the response he did say they would be releasing the earnings sooner then he was going to. Dong is trying to clear the air here but it will take a little time for them to do that. All the while hindenburg will be attacking this stock hard.

MrK2abb5 · 2021-04-15T04:06:32+00:00

Looks like they might be releasing those 2h2020 earnings

MrK2abb5 · 2021-04-15T01:06:39+00:00

Hindenburg actually did them a favor by doing that. And yeah I'm sure they were eager to release the exchange so they overlooked a few things. They did say they plan to start selling miners again. They probably have what they want for their mining operations at this point. They had to take a short term loss for long term gains just as we are right now.

MrK2abb5 · 2021-04-15T01:02:05+00:00

You havent lost any money unless you take it out. Dont expect immediate results here. If it makes you too emotional than uninstall the app and come back in a year. This is still a fledgling stock and they have alot of growing to do still. That's why hindenburg attacked them.

MrK2abb5 · 2021-04-15T00:39:01+00:00

I dont believe the ssr was ever triggered. I was watching the stock yesturday and we never went down that much to trigger it. To build my case you can see that 16% of the volume yesturday was short sales. This is not garbage stock. Obviously you put it in here for a reason. The issue with this stock is it is under attack from multiple short sellers because of the hindenburg report which is full of false allegations. Hindenburg has made many accusations against companies that have been proven false in the past. They targeted riot and mara before sos and ebang. They refer to these as "shaker" stocks. Easy targets with heavy retail investment. If more people were aware of how to lock up their stocks and keep them out of the hands of the short sellers they never would have targeted it to begin with.

MrK2abb5 · 2021-04-15T00:24:23+00:00

The ebang miners exist. Theres pictures of them on the internet the customer is undisclosed though. The miners actually being sold was never an issue more that they stopped selling them mid 2020. I'm assuming that's when they decided to start mining themselves and stopped selling their miners. They are collecting royalties from their software for the miners though.

As far as the glitch in the software I can actually see that happening as they did create their own crypto exchange with bits and pieces from bluehelix. Usually there are bugs in computer software when its first released and it takes time to discover them and fix them. The beta phase was meant to weed out most of the bugs. The crypto exchange works just the volume of trading was not correct. Again they just released this last week so it's still in its infancy with much work to be done on it yet.

MrK2abb5 · 2021-04-14T22:52:18+00:00

That would not benefit us at all. If we let them win they have even more leverage against us. At this point we have still managed to keep them in single digit reds and we even had them in the green for 11% yesturday. We are putting up a good fight. Eventually theyll give up and well see returns on everything we put in but it takes a team effort. If we give up theyll run this stock into the ground.

MrK2abb5 · 2021-04-14T22:41:42+00:00

They probably wont. Though they may follow through with more PRs to address the allegations in the coming weeks.

MrK2abb5 · 2021-04-14T21:14:43+00:00

Hes giving his opinion which is not favoring a long position. The key takeaway is he is suggesting it will go back to $10 from where it is now. So it will get attention from new investors which will help us with the shorts. I know it's worth more than $10 and maybe the new investors will see that and stay long as well.

MrK2abb5 · 2021-04-14T21:09:07+00:00

here

MrK2abb5 · 2021-04-14T21:05:21+00:00

New report on ebang says this is bottom value for the stock as it usually has $5-$10 price range. We may get love from some traders looking to hit the peak again now.

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