"but my guess is some of the shorts are reducing t
Post# of 153897
(Total Views: 708)
Posted On: 05/20/2020 7:43:49 AM
"but my guess is some of the shorts are reducing their positions after their attempts to manipulate the stock over the past few weeks largely failed."
I suspect many of them have covered and moved over to Moderna for now. They follow heavy trading, and that's where the action is for now. I suspect they'll be back after Moderna bleeds out and we have another PR that increases our volume again. The good news is that we've been churning over $3 for a while, so I think we have a stronger floor of support for the next short attack. We're continuing up step-by-step, and that's what we want.
I suspect many of them have covered and moved over to Moderna for now. They follow heavy trading, and that's where the action is for now. I suspect they'll be back after Moderna bleeds out and we have another PR that increases our volume again. The good news is that we've been churning over $3 for a while, so I think we have a stronger floor of support for the next short attack. We're continuing up step-by-step, and that's what we want.
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My comments are just my opinions and should NOT be taken as investment advice.