well put, and they will get what they deserve.
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Posted On: 03/04/2021 3:04:41 PM
well put, and they will get what they deserve.
it's a tough spot, because there aren't a lot of folks lining up to buy, given that the stock is up so much over the past year, and given that results will be out in a week (and the uncertainty). so people who are long are sitting and waiting (not selling, not buying) - and shorts are taking advantage of the uncertainty and silence.
in retrospect, I think this will have been a GREAT entry point - as revenues are right around the corner...but for now, it's just a difficult window of time for longs.
it's a tough spot, because there aren't a lot of folks lining up to buy, given that the stock is up so much over the past year, and given that results will be out in a week (and the uncertainty). so people who are long are sitting and waiting (not selling, not buying) - and shorts are taking advantage of the uncertainty and silence.
in retrospect, I think this will have been a GREAT entry point - as revenues are right around the corner...but for now, it's just a difficult window of time for longs.
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