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Alias Born | 08/11/2021 |
Thursday, August 26, 2021 10:22:22 AM
I totally understand your perspective regarding the price action and PPS of RSHN. However, I am certain that price action and PPS, among other considerations, are heavily affected by circumstances outside the control of a well-run company. The markets are laden with market manipulation, as those with copious resources paint the charts daily in order to entice retail investors into buying or selling based on FOMO or FUD, respectively. While that may sound conspiratorial, it isn't necessarily false. I do believe in Wyckoff's premise of the Composite Man, and the only way to win at this game is through patience backed by prudence. Be fearful when others are greedy, and greedy when others are fearful.
All of that being said, the price action and PPS of RSHN do not presently support my thesis. Wordsmiths cannot affect price action or PPS either. I would never expect anyone to stay invested (or HODL) in what they perceive to be a failing investment. We all have to make those calls on our own, when to buy or sell, and later accept accountability for the results. Good luck to you in all of your present and future investments, and thanks again for the compliment.
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