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Sunday, November 20, 2016 11:04:23 AM
I agree Unless we have a Big NSS here like some claim 60 to 100 million.
Most of the common shorts that shorted at $5 or better have most Likely already covered those shorts and the short term shorts that drove the price down like after the last news most likely have $1 options
To cover there upside lost and are most likely playing long and short.
The difference is they make money going up and down because they have deep pockets and are the ones manipulating it. Where the average investor just makes it on the long side.
When we ran to .68 + the other day I decided to sell some of my shares I had just purchased at .45 and use the profits to buy $1 Apr. call options. That way I can control a lot more shares than I can afford to buy and If good news comes and we go above a dollar. Bam I am set.
looking back that was a good decision but with all the excitement at the time I was afraid It was going to run to a dollar quickly and I would miss the boat on the shares I sold so I could buy long term option's. I never thought it would drop below .55 or so with Ph III Due soon.
Hopefully we have good News or should I say Better News soon and we run back to $10 where we belong.
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