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Re: SHEEPWOLF post# 20764

Thursday, 07/26/2018 6:08:57 PM

Thursday, July 26, 2018 6:08:57 PM

Post# of 186029
I’m long on the RBIZ story, but to be honest I’m not convinced on this particular post. First, the 2nd of 3 days you highlight is the same spread as the previous day. Today was marginally wider, but it’s very hard to know what if anything is driving it. Lastly, people keep throwing around the word “whale” to the point it’s lost all meaning. Institutional traders move in and out of positions that literally are larger than today’s total market cap of $2.61mm. Today’s total activity probably totaled less than $600k.

I think keeping things in perspective is important because for RBIZ to do it’s thing will require patience.