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Alias Born | 08/06/2009 |
Wednesday, June 26, 2019 9:51:28 PM
A delay is just that... a delay. What happened today is simply an expression of the quintessential emotional trader taking over for a minute, which there are many of in every play such as this.
People got frustrated that the hearing was delayed by a few weeks and got out either due to the fear of others doing the same, and/or because they would simply prefer to use their money elsewhere until we get closer to that date of the 16th. So basically not everyone who sold and triggered the pullback, did so out of indecision or inexperience. This is why had I more powder available to me, I would’ve loaded massively on the dip when this thing touched fours.
As the saying goes, never trade from emotion. Yet so many do.
Frankly I feel most sorry for those who sold out of fear and inexperience who held shares from the trips or low doubles. These are the people who lost out on one incredible opportunity coming imho.
BOLTA,
Neo
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