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Re: Investolator post# 276

Tuesday, 03/08/2022 7:03:15 AM

Tuesday, March 08, 2022 7:03:15 AM

Post# of 611
Thanks Investolator. Unfortunately my sale was wrong yesterday. The momentum traders have taken control in a way that wasn't as much of a factor 50 years ago IMO.

Both the history of $ENSV and the market environment since April 2021 has been to take what you can get from large daily/weekly moves. Late 2020 - April 2021 it was easier to chase and ride winners, possibly were re-entering that phase again.

I did take into account the low float but the lack of insider buying/holding, gave me a neutral outlook. Anyway, the theme here is a short squeeze and that's been the one factor that's been fueling massive moves for over a year.

The good news is that my basket of long 49 positions had a big green day overall, in a market that was down -800 points. So we are definitely fishing in the right pond. Be well

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