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Re: StevenRisk post# 21050

Wednesday, 02/21/2024 8:57:28 AM

Wednesday, February 21, 2024 8:57:28 AM

Post# of 21300
Unfortunately no. It seems irrational to me for the MSOs to purchase shares as they have, and for SHWZ, usually the red-headed step-child, to be one of the few heading north. That indicates someone is privy to information or a solid rumor we don't have as my only possible rationale for the continued buying below 1.50. Will be interesting to see what happens if we cross that. Nevertheless, I've been selling into some of these pushes higher since I was over-weight here, to get to a more reasonable core position - first time ever selling SHWZ. If I can't explain why it's going up and whether that can be sustained, I don't want to watch this fall all the way back down again when the buying pressure eases, without taking some shares off the table. I want to get to a significant but less over-blown position here.
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