I think you are right. I wonder if some shorts are in via a hedge fund in some place like Florida. It only took $25,000 to set up a hedge fund and the kind of speculators that would play this game hard would know every angle to exit with their house and cash. So what if their fund goes down? The MM that played the game with them would be another story.
I think a lot of 'longs' will leave if the stock hits $10 or $12. Could be more stock available than you would think as the price moves up.
I could be way off on all this. I'm not really focused on day trading, etc. To me the big picture is how the tech is emerging and getting a chance to prove itself. News today loves to quote itself. Once the correct momentum is reached, every hiccup is analyzed and every up move is a big deal. Think Paycheck, Apple, Federal Express. Down in the dumps, never work, then they turn a corner and look out.
First it was the tech doesn't work, then it was no one knows, now it is Torvec can't make a deal. Well, NASA, Nissan and others showed the tech worked just fine. Maybe Eaton, Deere and others are in or out, but Lockheed seems in, so a huge player has admitted they would love to use a key Torvec tech soon. No venture capital people or CXO types between Torvec and some kind of agreements, and one of the prime Presidential candidates signing onboard. For a guy that has taken a lot of hits to this point, Jim seems to be pretty well positioned to either get a very good deal or just make a lot of money making Torvec parts.
People can do what they want and say whatever they want, but I will be holding for a long time. There are alternatives to Torvec tech, but very few if any that are as simple, efficient or easy to make. One way or another I'm expecting, I'm hoping, that Torvec's concepts and patented inventions will win the day, as they did with NASA. With each step forward, each repeated news story, each demo, a little knowledge will start to seep into the collective mind of the media and the public. OEMs already get it, but the news cycle hasn't started yet for Torvec. Fewer people than you think realize America is serious about returning to the moon and building a base. I'm not surprised that it is taking so long to get even local reporters up to speed on the changes Torvec is going to bring to anything that rolls. Anyone seen George Conboy lately? IMO. EOM
