Someone on agora posted about the number of lots being offered at $5 CDN....and it occured to me that the prospect of a lot of sellers at $5 makes a lot of sense. A mutt retail player like me....I am never 100% sure when a big wall is genuine or a bluff, I think both happen. But $5 is a psycholically satisfying number....and I can envision some long term holders being up 100, 200...maybe even 400% and deciding to cash out at $5 if they can....
So I figured maybe it gets there, and then those I believe are accumulating....I figure maybe they fade it down, in hopes of getting more profit takers to let go of their shares, maybe have it knock up against that $5 level two or three times.
Lots of fun anyway, I'm glad I'm in this position...I would not want to be on the sidelines watching and trying to make an entry now....I probably would take RVX off watch if that were the case.
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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