InvestorsHub Logo
Followers 29
Posts 7061
Boards Moderated 0
Alias Born 06/23/2010

Re: 4sleddogs post# 139536

Thursday, 03/02/2017 5:01:16 PM

Thursday, March 02, 2017 5:01:16 PM

Post# of 235130
Or that new investor's in this niche are very savvy, not willing to risk over-paying on a new position, and not tempted to try to "average down" to compensate for losses they don't have. Counter-balancing that, we see that very very few shareholders are inclined to sell. The dip past 2 days did not shake out too many, tho' the ,006 print scared some, and dissuaded newcomers from nibbling much above the recent lows. They won't buy in until they see shares cannot be pried loose for less than ___. That is coming. I think the current posture warrants .014 minimally.