How do you know he is not flipping a portion of his long position? If he is waiting to sell in the dollars, than why did he sell under a dollar many times? I'm sorry, but you can have faith in a note holder all you want. I do not think it is wise and would suggest ignoring the man. He is in it for his own gain and given that he can make a profit at any price, he can easily manipulate the pps. My guess is he had a hand in this pps downturn for all of 2018.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.