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Thursday, December 10, 2020 5:52:39 PM
Whenever someone boasts about their profits in other stocks, it's a red flag. They have seller's remorse or are very insecure. In this case, I believe it's the former, but it's really not worth pondering for too long. I would encourage all to let it go, ignore and move on. Their opinions won't matter given the opportunities ahead.
Today was a healthy day. We cleared out those that wanted to take a profit. There could also have been some catalyst traders that saw the resolution of the legal impediment and moved on to their next opportunity. Whatever their reasons, it's just part of the process.
Given the stock price appreciation, we needed to churn the investor base to bring in holders that will support the next leg higher. I think it's great that we finished well above the lows and within shouting distance of yesterday's close. Very bullish in my view.
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