Something to think about. The sp was recently driv
Post# of 32635
(Total Views: 335)
Posted On: 11/27/2018 8:19:51 PM
Something to think about. The sp was recently driven down to .15 and has almost doubled in a week. Was in nervous investors selling, stop losses getting hit, traders bailing, shorting or a combination of all or several.
What's obvious lately are the number of people trying to scare people into selling. Certainly not here to save me or you. Are they traders that now missed almost a double or shorts needing to cover? Whoever it is, I get they are kicking themselves for not buying this week. Not often you can double your money in a week.
What I do know is many more shares are in longs hands than back in Q1. Not a few, many. People who haven't read the filings might not even realize how much of the company is already owned by insiders.
What does fewer shares available look like when longs continue to buy and hold, traders want back in and shorts have to cover? I guess we'll see. Every bash post I see confirms this is going to be a fun ride. If longs don't sell, the price will rise pretty fast.
What's obvious lately are the number of people trying to scare people into selling. Certainly not here to save me or you. Are they traders that now missed almost a double or shorts needing to cover? Whoever it is, I get they are kicking themselves for not buying this week. Not often you can double your money in a week.
What I do know is many more shares are in longs hands than back in Q1. Not a few, many. People who haven't read the filings might not even realize how much of the company is already owned by insiders.
What does fewer shares available look like when longs continue to buy and hold, traders want back in and shorts have to cover? I guess we'll see. Every bash post I see confirms this is going to be a fun ride. If longs don't sell, the price will rise pretty fast.
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