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Alias Born | 11/10/2008 |
Friday, August 06, 2021 11:20:27 AM
The only countermeasure is for management to prove they are a viable operation. I have no doubt they are. However there are a lot who do not share that opinion.
It will take their management to publicize new contracts, positive earnings and an ever growing sales trend. Without it, VXIT will continue to slide. Somewhere, somehow effort must be taken to bring positive trade interest back to VXIT.
Now that we have broken .009 into the slide, MMs are going to make the slide even worse. Inevitable as more short interest towards further drop takes over mainstream.
Hope, faith and wishes by current longs bring nothing to the table.
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