Posted On: 06/22/2014 2:46:39 PM
Post# of 14350
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Re: Big White Dog #11940
There is a legitimate reason if certain things we hope to be true, are. Specifically speaking would of course be the possibility of a very beneficial squeeze. Believing such a thing should be reason enough. A lot of people base their trades on the public sentiment of known long term holders as well as the appearance of what seems to be new outsider interest. Obviously not telling you anything you don't already know but it goes a bit deeper than just that. Keeping that sentiment in check also benefits us by being able to maintain the pps at .01 and above which is also pretty important. Longs have accumulated to the point that they can't be expected to continually soak up everything the frustrated drop along the way. This makes it all that much more important for us that long term, yet frustrated, holders continue to hold. Just because those being sold may not be going towards any type of covering is besides the point. If such a does become necessary down the road then we want those who've proven their ability to hold holding those shares rather than someone who bought in more recently. New holders would be far more likely to sell far sooner than where a good squeeze would take this and obviously put those shares into the hands of those covering at that time.
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