(Total Views: 442)
Posted On: 01/22/2018 10:13:58 AM
Post# of 1514
The PPS is slowly being decimated. That isnt scaremongering - that is stating the raity of what is happening. First it was 900MM, then 2BB, and now 5BB. The 2BB was announced. The 5BB wasnt. There is no buying pressure whatsoever. Tax selling and those in it for the quick flip drove it down EOY and those hoping for a bounce off the last Q have left/are leaving. Throwing in a 5BB AS at 2.5X what was announced isnt inspiring confidence for the common shareholder.
Ive been in this for awhile with a longer view. Once again, that "discipline" has kicked me in the groin due to the OTC manipulation and games. There are plenty of things that can drive this thing forward in a hurry but absent those announcements-what keeps it from sliding to low trips through aggressive shorting all the way down?
That isnt fear mongering. Again-that is just the reality and a necessary basis for discussing any risk/reward scenario in the OTC.
Ive been in this for awhile with a longer view. Once again, that "discipline" has kicked me in the groin due to the OTC manipulation and games. There are plenty of things that can drive this thing forward in a hurry but absent those announcements-what keeps it from sliding to low trips through aggressive shorting all the way down?
That isnt fear mongering. Again-that is just the reality and a necessary basis for discussing any risk/reward scenario in the OTC.
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