“If you don't believe me, ask Saltz who also los
Post# of 155002
(Total Views: 525)
Posted On: 01/30/2020 8:40:36 PM
Re: HHIGambler #16351
“If you don't believe me, ask Saltz who also lost a significant amount when the shorts (in that case, it was AF and his minions) used the same methods to attack Anavex. I lost ~$700k in that attack.”
AVXL was a semi-pump and dump, not necessarily executed by the company, but by traders who identified an opportunity to make a profit on the Alzheimer’s boom. The shorts attacked from the other side and took it down. I made a profit on AVXL, not at the top, like I’d wished, but shortly after I realized what was going on I sold all and purchased fewer shares at a much lower price. CYDY is not as even close to how weak AVXL was in 2015 and the same thing will not happen here. Sure, some pullbacks will happen preceded by short “articles”, but that’s the game we play in these volatile biotechs.
“If you notice there was no bump or small spike prior to the close, and that tells me they haven't covered yet, so it may continue tomorrow unless we get a PR.”
I agree. I meant to buy more below $1, after I bought in the .78 range, but got busy and missed my opportunity. I’d still like to add a few more shares before I call it quits, so if it dips on no news tomorrow, I’ll be there.
AVXL was a semi-pump and dump, not necessarily executed by the company, but by traders who identified an opportunity to make a profit on the Alzheimer’s boom. The shorts attacked from the other side and took it down. I made a profit on AVXL, not at the top, like I’d wished, but shortly after I realized what was going on I sold all and purchased fewer shares at a much lower price. CYDY is not as even close to how weak AVXL was in 2015 and the same thing will not happen here. Sure, some pullbacks will happen preceded by short “articles”, but that’s the game we play in these volatile biotechs.
“If you notice there was no bump or small spike prior to the close, and that tells me they haven't covered yet, so it may continue tomorrow unless we get a PR.”
I agree. I meant to buy more below $1, after I bought in the .78 range, but got busy and missed my opportunity. I’d still like to add a few more shares before I call it quits, so if it dips on no news tomorrow, I’ll be there.
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