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Re: Longer Than Most post# 1246

Wednesday, 09/13/2017 2:14:29 AM

Wednesday, September 13, 2017 2:14:29 AM

Post# of 4109
Afterhours trading is easily manipulated by desperate shorters who are trying to "paint" a seemingly low value right before they know that a huge gain is inevitable. I actually see this afterhours action as very encouraging. If they really believed that the earnings report would drive the share price lower, they would be painting the price higher during afterhours trading so that they could load up on over-priced shorts just before the share price made a drastic move down.

I think they know the price is about to skyrocket, so they're trying to get it to open as low as possible so they can cut their losses as much as possible. Once they start dumping off those shorts, we will see astounding movement up that will show up on lists of Top Gainers, which will be seen by thousands of traders who do not currently know about SHIP.

IMHO, we longs are in for an awesome ride!
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