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Re: AugustaFriends post# 319184

Wednesday, 07/16/2014 12:37:27 AM

Wednesday, July 16, 2014 12:37:27 AM

Post# of 648867
ZLCS, the part you are not considering is this is an R/S due to a merger. It's not like a typical R/S for dilution, the purpose of this R/ S is to revalue a new company. It's almost like an IPO. With a new ticker, shorts have to cover, the float is tiny, and these have a history of running big. It's true that many don't understand this and dump at the open, MM's probably dig that to cover the shorts, but the fear of dilution here is just amateurs. A 50% drop is very unlikey, and even if you get near that, the MM's will soak up those few shares very fast. Look at VTUS, I posted the breakout last week and I got a be careful post, new ticker Yesterday is ASMB - I tripled my holding at $7.75, which was the pre-split breakout. Sold all over $10

We're traders here, we don't need the warnings about holding too long. If anything, we sell too soon

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