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Tuesday, September 27, 2022 9:18:53 PM
What I'm getting at is just this:
If it isn't we here who are doing the selling and since we know that the company execs are certainly holding on, then just who is left?
It must be those who have the framework to sell short and/or disgruntled shareholders who have been in for months at various higher prices who are not aware of the upcoming earnings release. If it truly WERE a mass EXODUS (pardon the biblical reference) because of a foreknowledge of anything negative, we would see far greater volumes as people headed for the door.
We don't see that, do we? These so-so volume days downward reveal themselves as a limited group actors I referenced above making their moves.
Now, for we players who are in this for longer-term purposes, what do YOU think WE should be doing during these price dips. I KNOW WHAT I'M DOING DAY BY DAY and it is NOT hitting the SELL button!
If it isn't we here who are doing the selling and since we know that the company execs are certainly holding on, then just who is left?
It must be those who have the framework to sell short and/or disgruntled shareholders who have been in for months at various higher prices who are not aware of the upcoming earnings release. If it truly WERE a mass EXODUS (pardon the biblical reference) because of a foreknowledge of anything negative, we would see far greater volumes as people headed for the door.
We don't see that, do we? These so-so volume days downward reveal themselves as a limited group actors I referenced above making their moves.
Now, for we players who are in this for longer-term purposes, what do YOU think WE should be doing during these price dips. I KNOW WHAT I'M DOING DAY BY DAY and it is NOT hitting the SELL button!
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