(Total Views: 366)
Posted On: 01/04/2019 9:02:32 PM
Post# of 32974
I bought more this week and the end of one day. It was in account my average was $2.40 bought in April. The myth, all longs got in under .10 and stop buying is false.
CanadianTrader said it best. Who is going to be selling now? I thought it was the post of the year. Well thought out. If you held for 9 months are you going to sell to break even at $2.40? If you held for 2 years, are you going to sell for .75.
There is no come back argument that I ever saw. None. Zip.
Any buying pressure, which will come shortly, will send this way up. The current market cap doesn't even reflect Sound Concepts let along the major deals Rory alluded to. It's too risky to short now so who is left to sell? Year end tax selling is over. Add to that 1M shorts that need to cover in the next month ; )
CanadianTrader said it best. Who is going to be selling now? I thought it was the post of the year. Well thought out. If you held for 9 months are you going to sell to break even at $2.40? If you held for 2 years, are you going to sell for .75.
There is no come back argument that I ever saw. None. Zip.
Any buying pressure, which will come shortly, will send this way up. The current market cap doesn't even reflect Sound Concepts let along the major deals Rory alluded to. It's too risky to short now so who is left to sell? Year end tax selling is over. Add to that 1M shorts that need to cover in the next month ; )
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