Wednesday, May 10, 2017 2:15:44 PM
The issue IMO right now is a lot of internet frenzy about SYN not financially solid and needing to raise capital. Just like OGEN received capital input from XON (RJ Kirk owns 60% of XON) he can also take a bigger stake in SYN if needed through XON or another of his many entities. Dare I say shorters are loving this. Fear is the driver right now. Just humans acting human...which isn't always a good thing. lol
You don't throw away a car just because it needs tires and a battery. All IMO only.
I do feel for those who don't trade or use TA. Mitigates a lot of stress and even creates profits that can be applied in the future.
PS. at 122million O/S dilution doesn't concern me that much. Those crying R/S are just being emotional or self serving IMO.
PPS: this is why firm mental stops should be honored immediately when the trade goes against anticipated direction. Too many don't sell because "what if it pops' and other emotional thoughts. If an investor can't cut losses short they shouldn't be trading/investing IMO.
Trade Green Always
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