Sunday, August 12, 2018 2:02:05 PM
FFS,
If we assume for a minute that your theory is correct and a word got out that RI is doomed. Why the selling stopped then? Why the stock doesn't continue to hit new lows as the rumor spreads out and more people become aware of what's coming?
The answer is nobody knows anything. Fear of unknown and lock of knowledge drove the stock price down. From what I can tell majority of investors see a chance of RI success as 50/50. I see it at ~85%. Therefore I remain invested and see this binary gamble as a risk worth taking.
The resolution is approaching fast. We are weeks if not days away from it.
If we assume for a minute that your theory is correct and a word got out that RI is doomed. Why the selling stopped then? Why the stock doesn't continue to hit new lows as the rumor spreads out and more people become aware of what's coming?
The answer is nobody knows anything. Fear of unknown and lock of knowledge drove the stock price down. From what I can tell majority of investors see a chance of RI success as 50/50. I see it at ~85%. Therefore I remain invested and see this binary gamble as a risk worth taking.
The resolution is approaching fast. We are weeks if not days away from it.
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