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growacet

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growacet

Re: NewJerichoMan post# 2818

Monday, 09/05/2016 1:28:40 PM

Monday, September 05, 2016 1:28:40 PM

Post# of 4232
Almost 17% of float has been shorted....

That's up to Aug 15th as per WSJ.....Now maybe you think the short players are wrong, and that's fair enough.....but I for one think betting against the bears is fraught with danger and its one of the reasons I joined their side.

NBEV got up around $2 in July and hasn't been back...all the pumping notwithstanding. We shall see how VUZI does in the weeks and months ahead. I think the spikes up around $9 represent a double top, but triple tops are not unheard of so another rally won't shock me....lots of bullish sentiment and pump pieces out there. Ultimately people like to read those things that confirm their preconceived biases.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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