I seriously doubt much luck is involved with the c
Post# of 11899
I seriously doubt much luck is involved with the current daily PPS paint jobs by the MMs.
It seems luck is not involved when 50% of the daily volume consists of short sale transactions. Let us make this perfectly clear for every RFMK long out there : If you need to sell or you cannot take the PPS fluctuations or for some other reason (disagree with the CEOs growth path) then SELL. Get 'R done, just sell, sell ASAP, sell it all, dump it all tomorrow morning at the bell. Keep dumping until the PPS is back down to triple zeros. Maybe if you did it all at once, all the current bids would be triggered and filled and the PPS could tank down to 0.0001. It is in the realm of possibilities. The MMs would have a field day with such aggressive selling and honestly I would think the seller would need all the luck in the world in that scenario, not existing holders.
BUY : HOLD : SELL
... that is the question .... each participant should feel free to do any of those actions at any time. My own personal take is that it could end up being quite foolish to sell a mere week or so before the MJ vote and after the company announced 20k unit order which paves the way for the chance of revenues upward of $2,000,000! But we all are not expert pros, so I guess people making mistakes in the market happen all the time. Oh well.
Do or do not, there is no try.
$RFMK!