SMC Entertainment Inc (SMCE)

[giaiv22]

blindong- Not to say . "told you so" but I know I'm right! ha.. Not that many shares have realistically been bought/sold down here.. and the ones that have are mostly being held (when i say mostly- i mean I know who/us/our guys) by longs that have no intention on selling for a while.. This is a long term play with a lot to look forward to and not being patient is not being smart IMVHO ;)

The fact that it even got back down to these prices before is either of two things.. because

1) Shorts
2) Retail Taking Losses.

Yes please look at the chart and you'll see that very few shares got bought/sold in the .20-.50 range a few months back but a whole lot of loading took place in the .60-.70, even significant amount .70-.90.. etc..

Unfortunately but Fortunately (opportunity in disguise) a couple guys (i heard) needed the money (maybe for taxes?) and blew some out at whatever price .. attracted some shorts.. and few other variables.. but a very large core of shares at those ranges are still being held tight. These aren't Ihub hot potato guys .. but actual investors..

But still in the end.. not much shares at these ranges bought/sold but the game of a short is to do their damnst to make things appear weak, or like dilution.. We've been watching on L2 doing their black magic but when we start hitting the ask.. guess what.. they move up/cover quickly..

Notice how the move from .48 to .67 happened in one day very easily with buying pressure? We got to .72.. but the buying slowed down and shorty came back into the mix.

My crew isn't a flip crew.. we like stocks long and hold them and let the company build (which is obviously happening ) and the volume will come ..

That's why i say.. how about we be hitting the ask and pushing this short up or out.. instead of sitting the bid.. Having shares at .50's and 60's are still very desirable considering thats where a large majority of shares were loaded.

Does this make sense?