Friday, February 23, 2018 12:52:34 PM
But If I'm investing in something longer, and I do from time to time, then I just average in over the course of a couple weeks and the price range can be 10%-15% or more. We can't always hit the dip or the peak exactly.
It's all about averages with longer plays imo.
BTW, guess who's sitting on top of the short data list again? Talk about a coiled snake. 50M shares as of the 16th. Up from 38M on the 1st. And more shorting since the 16th. 35% of the total value traded has been short sell.
In essence, it's like we've taken 50M shares worth of dilution, except that those shares have to get bought back up at some point. (the companion green candle that follows the crash red candle)
So why is the price stuck in the 1.40-1.50 range? Simply because buying and selling works in both directions. buy low sell high, AND sell high buy low.
As you look down the CSE short data list, you might find some of your other favorite weed tickers in there.
https://shortdata.ca/largest-short-positions/
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