I have the same questions and have my own theories
Post# of 153886
(Total Views: 534)
Posted On: 12/23/2020 9:13:17 AM
I have the same questions and have my own theories. Buyersstrike may have the inside info on when the attack may be happening, but I truly doubt the article did anything, because I don't think message board fodder and lame sights get enough eyes to affect our shareprice now. Although they may claim it does to attempt to get more people to come to their site. Our volume is much higher these days so insignificant sites and message board bashers are less and less relevant. Notice the last two attacks one June 30 mid week before July 4 and now just before Christmas. I think these people are counting on low volume(holiday) times to flood the market with available shares dropping the price to trigger stop losses.
Problem being this time around they may have done it too early. June 30 we'd had almost 2 weeks of run up and the "D-day" volume was 40-50 million. This time around they pulled the trigger earlier. Volume was 20 million yesterday, but held up fairly well.
Today could be a tell tale sign. If we spike early and drop I think we may finish lower, but if the early morning spike ends up mimicking prior days then the price these guys will have to cover at will be much higher leaving them with less ammo for a second attempt.
These are all theories and suspicions, but my guess on how it kind of works.
Problem being this time around they may have done it too early. June 30 we'd had almost 2 weeks of run up and the "D-day" volume was 40-50 million. This time around they pulled the trigger earlier. Volume was 20 million yesterday, but held up fairly well.
Today could be a tell tale sign. If we spike early and drop I think we may finish lower, but if the early morning spike ends up mimicking prior days then the price these guys will have to cover at will be much higher leaving them with less ammo for a second attempt.
These are all theories and suspicions, but my guess on how it kind of works.
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