To those of you who have been following me elsewhere, the mods of r/Pennystocks have removed and banned all of my update posts related to Xerox ($XRX). They are banning any user who mentions the ticker XRX. This is clear suppression, probably to sway discourse in their favor regarding the stock. They are either short sellers themselves or colluding with short sellers. I had 100+ upvotes in 15-20 minutes. The interest of the people was there. Why remove my posts?
These stock subreddits were created with retail in mind. Using your rank as a moderator to sway favor for hedges, short sellers, market makers, etc. is a spit in the face to all the users on this platform. We see where your interests truly lie.
Now they are sitting there saying "spam". How on Earth were any of my previous posts allowed to stay up last week then? I guess you guys shorted it last Friday when the share price was elevated, hoping for it to go down Monday, but when that plan didn't work out for you, you chose to suppress the members of your own community in order to drive the share price down. Absolutely absurd.
Anyway, I will continue to post updates on my profile in the meantime however.
We are still holding strong at $2.60. Stock price is still elevated enough to allow some short positions to cover later in the week. Expected timeframe is still roughly Wed-Thurs of this week for an expected squeeze. I'm still sticking to my guns of $8-$10 p/share. Again, if short interest continues to rise, I will most likely raise my target.
Good luck out there guys, I appreciate your support! :)
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