(Total Views: 180)
Posted On: 07/18/2024 7:45:04 AM
Post# of 13982
Investing in SNPW for a Great Return on Investment:
Given the numbers of views of some posts, a lot of people are watching this stock. Now, some of them are buying shares even after the latest filings!
Apparently, shorts are either done or slowing down in shorting this stock. Shorts make money both ways – while shorting and while covering. They buy shares to cover, then, go long on the way up to reach their super high target price and then, these shorts exit assisted by their super-fast computing machines and powerful algorithms, which drops the stock price significantly in seconds. For this reason, chasing a stock while it is running is discouraged. I wonder when this “after we are ready” becomes “now we are ready” for all SEC filings and robust PRs! This stock will explode given the micro-level outstanding shares, which means the float is smaller and less & less shares are available each following day to purchase as more & more buyers are buying shares at present.
Given the numbers of views of some posts, a lot of people are watching this stock. Now, some of them are buying shares even after the latest filings!
Apparently, shorts are either done or slowing down in shorting this stock. Shorts make money both ways – while shorting and while covering. They buy shares to cover, then, go long on the way up to reach their super high target price and then, these shorts exit assisted by their super-fast computing machines and powerful algorithms, which drops the stock price significantly in seconds. For this reason, chasing a stock while it is running is discouraged. I wonder when this “after we are ready” becomes “now we are ready” for all SEC filings and robust PRs! This stock will explode given the micro-level outstanding shares, which means the float is smaller and less & less shares are available each following day to purchase as more & more buyers are buying shares at present.
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