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Thursday, August 15, 2019 5:03:59 PM
I think the massive weird million share dumps into the bid were shorts or MM stopping the run. Everytime stock looked set to break out, it would get 'stock blocked' by a seemingly senseless dump.
That kind of manipulation has an affect on stock sentiment, so this retrace was far more severe than it would have been, and bits of good news don't seem to affect the price substantially.
But then this stock didn't move on the MLB deal, which could well have the biggest impact on revenue over the next 12 months.
In the end, you learn to ride out itchy summer trading. It's jow volume churning of no structural consequence. DD remains the same. Company's path to growth hasn't changed, in fact, company has only got better with the LOC and product hitting US stores for the first time.
As we know from March and June -- one good update or Q and we're off the races again.
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