(Total Views: 318)
Posted On: 08/23/2018 12:07:19 PM
Post# of 40990
Sorry to disagree with you two - completely. I think what you're saying is the story line that many WANT others to believe, so they can keep flipping in their channel.
The real story is, this IS still in the low flipping channel that we're working our way out of. But you have to give time for these little flippers to get out.
I've added plenty more on the bid and ask, adding every day. I see what's going on. I just tested the 18's for about 270K shares when there was about 500K on the offer. As soon as I hit, they added 2 million.
So... patience. We won't stay down here long, but this does take time (yes, news of various sorts could change that in a heartbeat, but without the news... time). The only reason we stayed down here before - or kept coming back down here - is because we've been part of a balance sheet cleanup that HAS left us with a ton more value than we had before. But the selling pressure from that cleanup looks to be over and done with.
Let 'em do their thing, but don't feed their story line - unless you're part of "they," then by all means trade your way, I don't tell anyone how to trade (I only offer my opinions and suggestions from time to time).
The real story is, this IS still in the low flipping channel that we're working our way out of. But you have to give time for these little flippers to get out.
I've added plenty more on the bid and ask, adding every day. I see what's going on. I just tested the 18's for about 270K shares when there was about 500K on the offer. As soon as I hit, they added 2 million.
So... patience. We won't stay down here long, but this does take time (yes, news of various sorts could change that in a heartbeat, but without the news... time). The only reason we stayed down here before - or kept coming back down here - is because we've been part of a balance sheet cleanup that HAS left us with a ton more value than we had before. But the selling pressure from that cleanup looks to be over and done with.
Let 'em do their thing, but don't feed their story line - unless you're part of "they," then by all means trade your way, I don't tell anyone how to trade (I only offer my opinions and suggestions from time to time).
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