InvestorsHub Logo
Followers 23
Posts 485
Boards Moderated 0
Alias Born 12/23/2013

Re: tigerpac post# 30248

Saturday, 10/22/2016 12:37:50 PM

Saturday, October 22, 2016 12:37:50 PM

Post# of 58279
News of leasing is better than a 1 time sale. But it's better in the long term. A cash transaction was what shorts expected, they sold because going up higher required a longer wait, and not many shorts go long in that situation. The minority of traders on OTC markets are longs, so I expect we lost 45-55% of investors on the lease news because the short position no longer was an option. It was either take profits or go long. Some went long, but most took profits.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.