Human nature at it's finest. People have jumped on
Post# of 75380
Posted On: 06/09/2016 8:46:34 AM
Human nature at it's finest. People have jumped on board the fudge fest that started last year. It started primarily because Rocky Mountain High drinks are damned good and everybody that tried them knew it, including competitors. One in particular, out of Colorado with a rival product containing hemp, knew RMH drinks would blow their stuff right out of the water, so they launched a smear campaign. The stock was overbought as early investors realized the huge upside potential. This included not only the true longs, but both green day traders and the professional day traders that turned around and shorted the stock after riding the upward momentum for all it was worth. Once the stock hit the radar screens of the day trading cartels they jumped on board too. Some were already aware and were just waiting to see how the products were received. Now a lot of those same corn stuffers are just sticking with it til it's dry. The smart ones may be playing both sides of the fence, but you'd better believe the dominant part of their strategy is to slowly accumulate large positions while the stock is still cheap. Some of the over zealous shorts are going to get hurt if they don't cover in time. Jerry's not going to be happy just saying to hell with the bashers, he's going to give em a taste of hell. In both ends, I'll bet! lol 
(6)
(0)