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Re: SmoothTrader61 post# 6346

Tuesday, 02/21/2023 4:58:56 PM

Tuesday, February 21, 2023 4:58:56 PM

Post# of 22493
I don't think it's a matter of confidence its basically the numbers and supply/demand. This is a potential Cisco Gold company and they are close. Cyber security is a huge sector and this company is growing and will grow fast.

Add in the fact there has not and will not be any dilution with the number of trapped shorts we have here the path of least resistance is higher.

Just the last 3 days alone ASCM and VERT are down 5mill shares from their recent shorts half of those are naked. Volume today was 5mill think about how hard it is for 1 single buyer or MM to get that many shares.

If you do some deductive reasoning using statistical analysis and extrapolate the last 3 days which have been documented over the past 8months they shares are simply not there for them to attempt to cover especially with how aggressively dips are getting bought here the past 8 months.

You start to get a pretty good idea of where this could go.