at some point, this will backfire mightily on them. there are 2 reasons to be adding shares consistently right now:
1. short-term / trade: the massive short interest is like a giant pile of dry kindling, that will absolutely explode on any good news / positive momentum. it is inevitable. and there are too many potential catalysts in the works right now.
2. long-term / hold: at 800MM, our market cap has shrunk to such a tiny % of the potential value (long-term) that it has become insanely cheap.
personally, i am buying for both reasons (well, not that i'll sell on a potential rebound). i try not to judge and don't judge tactical traders (except for the POS traders who bash the co. to drive the price down, and then change their tune to buy - pretty despicable) - i just happen to be a buy and hold because i believe this asset will be worth a fortune one day.
but my point is this - as hard as it is to be positive here after a year of difficult declines - it is precisely the time to be maximum positive. too many amazing things lined up, and a price that is dirt cheap.
my two cents - i'll be buying again next week. and no, it hasn't worked recently, and yes, i've bitched from time to time about getting my ass kicked over the past year. but i'm highly confident in what we own - it's just a matter of time. if you can hold this and keep your wits, you'll make 20-50X from here.
1. short-term / trade: the massive short interest is like a giant pile of dry kindling, that will absolutely explode on any good news / positive momentum. it is inevitable. and there are too many potential catalysts in the works right now.
2. long-term / hold: at 800MM, our market cap has shrunk to such a tiny % of the potential value (long-term) that it has become insanely cheap.
personally, i am buying for both reasons (well, not that i'll sell on a potential rebound). i try not to judge and don't judge tactical traders (except for the POS traders who bash the co. to drive the price down, and then change their tune to buy - pretty despicable) - i just happen to be a buy and hold because i believe this asset will be worth a fortune one day.
but my point is this - as hard as it is to be positive here after a year of difficult declines - it is precisely the time to be maximum positive. too many amazing things lined up, and a price that is dirt cheap.
my two cents - i'll be buying again next week. and no, it hasn't worked recently, and yes, i've bitched from time to time about getting my ass kicked over the past year. but i'm highly confident in what we own - it's just a matter of time. if you can hold this and keep your wits, you'll make 20-50X from here.
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