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Wednesday, February 10, 2021 11:08:12 AM
It's tricky because most long-term longs are holding ( I am holding mine)… but not really in a position to buy more... So... you've got a lot of holders who are bullish on the stock, but not in a position to buy more and support the price. Lends itself to MMs doing all sorts of crazy things, especially when something negative comes.
This is the article yesterday which is spooking some people. I think it's pretty good, actually.. At least it presents both sides.
https://eastgreenwichnews.com/caldwell-valverde-oppose-proposed-medical-waste-facility/
As another poster mentioned, a big part of this is that they're jealous and want to financially benefit. It's right there in the article!
MMs are going to use this to drive down the price and get some cheap shares. Like I said, I got some cheap shares last year when something like this came, so I say bring it on. Quote from the article.
"“If there are any potential emissions, they are destroyed. In the case of this facility, the chance of fugitive emissions is zero,” Bingham said. “I’d be happy to put this in my garden.” "
Ultimately, all of this noise is going to cause many ups and downs until ultimate approval... but there are no emissions. I believe and hope the science is going to prevail. All opinions of course.
GLTA!
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