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Re: rhainswo post# 254

Friday, 05/01/2020 10:47:42 AM

Friday, May 01, 2020 10:47:42 AM

Post# of 554
Shorts are trying to reduce their losses, which had to be huge. Their method is to depress price and volume. They are desperate, because they see the handwriting on the wall now.

They are already tiring greatly of what they are doing here. This is a lost cause for them. They will soon turn their attentions elsewhere for real shorting oppurtunities.

This one should be on the absolute bottom of anyone's shorting list now.....given the earnings report, trend down in production, and trend up in demand. And now help from the federal reserve.

I expect an end of the day rise in price going into the weekend.