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growacet

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growacet

Re: noretreat post# 476

Sunday, 05/06/2018 6:29:40 PM

Sunday, May 06, 2018 6:29:40 PM

Post# of 1085
Looks like it was a short attack to me.....

Short interest jumped up by more than 1 million shares after that announcement....so like June the borrowing and dumping of shares hammered the PPS. Likely some shareholders got spooked and bailed, short players know that retail investors are typically very price sensitive.

Hopefully the loan gets announced soon and the decision is made to skip the share offering....it was only "proposed" in any event.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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