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  4. Rocky Mountain High Brands, Inc. (RMHB) Message Board

I know you don't mean any harm, lot's of folks pla

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Post# of 75364
Posted On: 08/27/2015 7:26:49 PM
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Posted By: adirondackhi
Re: leegy1984 #8178
I know you don't mean any harm, lot's of folks play the part of a day trader to average down the cost and increase shares, but today you were a day trader. There were only about 350 shareholders of record the last time someone here pulled it up. That's not many, so when someone dumps a bunch of shares at market, I can guarantee you that it will make some other people nervous as they anticipate a selloff and the next bids (like yours, for example) will be lower, NOT higher (unless big news creates big demand) and the nervous folks sell lower and the price drops again. Simple fact: until major buying interest comes on strong and persists, you aren't going to see a stable upward trend or a drastic reduction in short positions. Did you want to buy back in at a higher price? Hell no you didn't! But you would have if you were convinced that the price was not coming back down, which will only happen with release of the major PRs coming up between now and the end of the 4th quarter. If we work to grab more now by flipping shares while demand is all but non-existent, then we will ratchet the price down and then complain about it!!!


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