Wow...It is absolutely mind boggling to realize how long ENTB has been setting at these levels. The brakes are on, the tail lights are out. Front wheels over the edge of the cliff...waiting. We get rear ended? Is there a tow truck coming? Or, does this baby have wings?
I sent the following out on another board but it applies here as well:
Patience is a must these days. The pink sheets must have had some severe tightening in regards to "rules" for protecting us foolish investors.
It used to be if you owned more than 10 active pinkies, you could be guaranteed to see spikes and dips on a daily basis. Highly manipulated and controlled via the MMs. Lots of "play time"...action...emotional roller coaster.
Have you noticed the difference over the last two years? Especially this year? Now more than ever, only substantive "news" will really move a pinky's pps....and the game at that time will remind me of "the good [or bad] old days".
That news has always been thin (unless you add unsubstantiated pump and dump news blast plays) , but now, thin means longer waits for game play....pump without substance seems to have been curtailed significantly. It appears that MMs are not as free wheeling as well...been constrained somehow.
Good for unsuspecting investors but trading has become BORING!
Not being an insider of the market power works, statement here are just gut opinion and no effort has been made to research WS tightening by the Fed. Just an observation on my part.
AI
