Tuesday, July 27, 2021 1:03:00 PM
"there's nothing about today's announcement which will likely stop the selling we've seen by those institutional sellers want to realize their gains regardless of how significant future upside could be."
Peter...we have no idea if all the shares have already been dumped already by institutional sellers or not. Televet's connection seems to think they have pretty much all been dumped. Are you educating guessing there is more to come or do you know that?
"Forget the stock charts as they are meaningless here, as the past several weeks have shown."
Oh yeah...how's that? With the overwhelming amount of fundamentals we have had lately looking at simple price charts have spoken nothing but the truth. Trend down until we are able to close above the 5 min 250 EMA../ ..until we close squarely above .43 which was the old major low. How's that for truth? Again, charts for me are mainly finding obvious support and resistance. Combine them with fundamentals and it's a pretty solid way to trade/invest...IMO.
"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -
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