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Monday, May 22, 2017 11:42:50 AM
Who would throw big money at this now? Who would even know about it?
I think we could safely suppose that the last week or so, and the big run, was caused by only a few buyers who have been watching things for a while and decided to take a position after the positive changes with the CEO and the board.
Anyone have any clue of the size of the buying? $100,000? $500,000? $1 million? I really have no clue. But like one of the naysayers said, that's not 'a market,' it's just a few folk establishing a position. ;
I wouldn't anticipate anything until there is a contract.... That's just me.
I think longs need to be very sober and calm. Too much excitement and expectation isn't helpful. We're still in for the long haul, I reckon. And think about it: even after the first sale and contract, that will just be the beginning.
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