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Re: IndustryParticipant post# 227754

Friday, 07/14/2017 12:55:47 PM

Friday, July 14, 2017 12:55:47 PM

Post# of 290030
The issue as I see it is how much drop and how long. I'm sure it will be a nail bitter for traders. I am completely fine with not trading at .50. This year I am avoiding short sales - or trying to at least limit them. The company has legs to stand on now. The last few runs it did not and could not sustain. So if there is a drop it will not be for long. We have the third quarter and Jan 1 coming to make .50 act as a support.

I'm not worried. It will be able to pass .50 and sustain above .50 late this year and next year will have it's own new high tide marks that have not been tested.