Saturday, June 18, 2022 11:51:57 AM
Anyone who is short could be about to learn a painful lesson.
I concur. Which is part contributor of my stockholm syndrome! LOL
They've got a nice profit right now, unfortunately they can't sell without crashing the stock.
Exactly! They need liquidity. They can't profit without it. That's a strong bull case right there! So, either they are in it for the long haul or the short haul. Matters not. I haven't ruled out a long term outlook for them. You seem to have ruled that out. For me, a short term outlook is even better if so. They have a lot invested. Alignment of interests. Can't leave without shooting themselves in foot. Need lots of liquidity to get out at a profit, and I think we both agree that profit is their motive. For me, I'm liquid at 1,000 shares in any scenario, so I love this setup! I'm not a threat, I'm liquid, my interests are aligned (be it short term or long term) and I'm like a cleaner fish on the whale here that just took over and controls the majority of all stock with a low float. That is indeed my bull case. I concur.
As for sleazy, well, that's open to interpretation. As I explained to our gypsy friend earlier with his tech analysis, I marry my stocks. But isn't there some saying out there that the perfect wife is a professional by day but sleazy at night? :) Well, this is a perfect marriage so far! LOL As I said, the PERFECT case would be for me to sell above $15, and I still think that's a reasonabl valuation as the stock was WAY undervalued and still is in y eyes. And then buy back at $3.00 to continue the long thesis. IFF our sleazy captors crash the stock after a pump/dump scenario. Which, again, that motive is pure speculation, but I welcome it. Or, they can be long too.
Really doesn't matter. I love them in all scenarios! I love my captors! Thank you for kidnapping us! Thank you sir, may have another! LOL
I'm serious!
All I know is that Q4 report is looming at the end of June. It's not going to be pretty. Not that it's Singing Machine's fault. It's just their seasonally worst quarter of the year. No way around that.
Completely irrelevant as I see it. Speculation. I'm not good at short term forecasting. Long term is all that matters. Our captors brought stability and took out the supply. The bull thesis remains. All things still hold true.
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