(Total Views: 484)
Posted On: 10/20/2017 10:03:10 AM
Post# of 1514
The happy news crowd is generally the same as the doomsday crowd - they drive volatility and that is what they need as short term traders.
Most of the volume on this slide has been selling as opposed to incessant dilution. Lot of short term traders bailing since this didnt go to multiple pennies in 3-4 weeks.
I did not like the increase to 2BB but he also has been very measured in the dilution since he raised it from 500 to 900MM.
Fundamentals will ultimately drive the long term performance - as they generally do with any stocks.
Most of the volume on this slide has been selling as opposed to incessant dilution. Lot of short term traders bailing since this didnt go to multiple pennies in 3-4 weeks.
I did not like the increase to 2BB but he also has been very measured in the dilution since he raised it from 500 to 900MM.
Fundamentals will ultimately drive the long term performance - as they generally do with any stocks.
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