nmbr1stckpckr, I see the dips as buying opportu
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Posted On: 05/11/2020 6:45:59 AM
Re: nmbr1stckpckr #33280
nmbr1stckpckr,
I see the dips as buying opportunities.
When shorts start to sell their borrowed shares to drop the price the only ones that loose money are those weak hands that panic and sell with the trend.
The shorts cover rapidly at what they consider is a good profit for the day (therefore the "V" shaped recoveries that we see) and the price comes to a level close to the original one minus that oversupply the scared sellers created.
The moral: don't sell your shares !!!. If shorts don't find scared sellers they will do a round trip minus commissions and interest on shares. A losing proposition.
CYDY is undervalued and I am putting my pocket where my mouth is (added to my position purchasing above $3), this is not day-trading, this is about investing and we are "below par" only with HIV on board.
Throw in COVID plus Oncology and this is a bargain at these levels.
I see the dips as buying opportunities.
When shorts start to sell their borrowed shares to drop the price the only ones that loose money are those weak hands that panic and sell with the trend.
The shorts cover rapidly at what they consider is a good profit for the day (therefore the "V" shaped recoveries that we see) and the price comes to a level close to the original one minus that oversupply the scared sellers created.
The moral: don't sell your shares !!!. If shorts don't find scared sellers they will do a round trip minus commissions and interest on shares. A losing proposition.
CYDY is undervalued and I am putting my pocket where my mouth is (added to my position purchasing above $3), this is not day-trading, this is about investing and we are "below par" only with HIV on board.
Throw in COVID plus Oncology and this is a bargain at these levels.
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