Longs selling only drops the share price if they p
Post# of 75357
(Total Views: 587)
Posted On: 06/12/2019 9:52:10 AM
Re: biggestjimmy #56219
Longs selling only drops the share price if they panic and go with a "market" sell order matching their orders with the low-ball bids of bargain hunters and covering shorters. That's what panic selling brings, but fluff pumping or hopeful sounding podcasts simply can't produce the same results as rock solid press releases and/or 8-k's with news on purchase orders, new contracts, or some other revenue generating progress like distribution expansion with already existing contracts.
Trust me, I'm not inviting longs to sell, just pointing out that throwing tantrums won't help with that problem. Venting too heavily on these boards will only encourage weak hands to sell. You can blame the company if you wish, but as I said, they had to learn the hard way what comes from too much transparency during this stage of a company's development. They weren't the first and won't be the last to learn that lesson. News will come when it comes. They won't help much with fluff.
That's why I brought up Verb Technology the other day. They are just now beginning to return to a high transparency status after months of relative silence, and for the same reasons. That company is about to blow the lid off with a combination of news and strong revenue growth, and most importantly, they are NOT on the OTC but are now trading on the Nasdaq exchange. Not apples to apples. The OTC is plagued with buzzards pecking the brains out of the more vulnerable development stage companies. News will come, but for some it can't be soon enough.
Trust me, I'm not inviting longs to sell, just pointing out that throwing tantrums won't help with that problem. Venting too heavily on these boards will only encourage weak hands to sell. You can blame the company if you wish, but as I said, they had to learn the hard way what comes from too much transparency during this stage of a company's development. They weren't the first and won't be the last to learn that lesson. News will come when it comes. They won't help much with fluff.
That's why I brought up Verb Technology the other day. They are just now beginning to return to a high transparency status after months of relative silence, and for the same reasons. That company is about to blow the lid off with a combination of news and strong revenue growth, and most importantly, they are NOT on the OTC but are now trading on the Nasdaq exchange. Not apples to apples. The OTC is plagued with buzzards pecking the brains out of the more vulnerable development stage companies. News will come, but for some it can't be soon enough.
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