Moxy, if I’ve said any different, please quote me. However, all markets are not created equal. What moves the S&P 500 and Nasdaq, if emotions, are created by different circumstances. Our personal investments are currently down 77k the past 2 months, and we’re invested very conservatively. What has influenced our investments are, rising interest rates , tighter fed policies, Ukraine, inflation, etc etc. All of the aforementioned are cyclical …..so the wife and I, having seen these dips before…..know it will come back. We both retired at 62, and our investments have funded our retirement for the past 12 years.
All that being said, anyone on this board thinking the OTC is moved by emotion is CORRECt, but dead wrong if they think the catalyst is the same as the 500 and Nasdaq.
This board alone, has in the aggregate, produced a ton of emotion.
Some weigh heavily on Nash himself….others on earnings, and others a combination of performance and Nash’s lack of transparency. And they are all legitimate concerns, generating collective anxiety.
Kuskuk, and all of us are entitled to our opinions, but If I disagree, I’ll say it, as you and others will.
All responses are not created equal….and one in point was Kuskuks.
Actually, I’ll call it nonsense. And I explained why. And my response is not a counter to “emotion”…..but to what is really moving that emotion.
I’ll sell beachfront property in Arizona very cheap, to anyone not thinking the primary culprit in Xalles price stagnation is not CDEL.
I’ve said in earlier post, and HD as well, that there are certain things Nash can do to challenge CDELs manipulation. The most important, of course, is revenue….and net income. So, how did after 2022Qtr1 financials , which posted early, and by Nash’s own words, was an all time high for a Qtr, did PS manage to decline. Were the financials not positive enough, going forward? What other below .05 stocks, reported positive sales, and declined into oblivion? Why has ,during times of peak volume….which this board constantly refers to as good sentiment, has the PS declined? Because, the volume is being created by enter communication amongst the MM’ers….let it run….until CDEL has depleted what he’s borrowed….and it takes different time frames….so he opens the spread, causing a FOMO reaction…buying back shares at the price level he wants…. Making huge profits.
Performance is the fuel ( 410k 1st Qtr was enough), and short interest is the match…..and sentiment comes into play….and emotion.
Positivity turns negative quite quickly because of the forthcoming manipulation.
MM’ers are required to make a market….. and a market will not be made with manipulation of point spread.
