looks like some of you are joining me on the BID t
Post# of 15187
Posted On: 02/26/2016 9:43:01 AM
looks like some of you are joining me on the BID today. interesting open after the last few days but doesnt surprise me. lot of patient buying at the BID. eventually that patience will turn into paranoia/urgency and price will rise accordingly.
have to imagine the tradeable float is relatively small at this point. between inside ownership and long term longs - cant image there is a lot to trade back and forth at this point. any buying urgency will probably cause a jump which will more than likely bring in the momo guys and create a spike/fall. however, i would expect us to see sustained higher lows and highs with the forthcoming volatility in the spikes.
eventually, the market is going to see what those of us on here are seeing/assuming - revenues are building, the dealer network is viable/thriving, and both because the brands are resonating.
have to imagine the tradeable float is relatively small at this point. between inside ownership and long term longs - cant image there is a lot to trade back and forth at this point. any buying urgency will probably cause a jump which will more than likely bring in the momo guys and create a spike/fall. however, i would expect us to see sustained higher lows and highs with the forthcoming volatility in the spikes.
eventually, the market is going to see what those of us on here are seeing/assuming - revenues are building, the dealer network is viable/thriving, and both because the brands are resonating.
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