Sarissa Resources Inc (SRSR)

[stkjunky]

Yes, I certianly have. And the opposite also. Been investing for 14 years now & made over 400 trades last year alone. Price to me is king. And yes, manipulation is sometimes evident, but you can never depend on when manipulation will end. So, to me price means everything. A down trend is a down trend, no matter how you rationalize it.

I presently have a few shares short in a big board retailer that announced reduced earnings expectations after I went short. Stock price even got downgraded by a couple of analyst's. Stock price then jumped up $5. Am I covering my position because someone is running a short squeeze. No. I try not let false manipulation force me out of positions. And will not do so here with SRSR either.

But I will not buy more untill the price enters a confirmed uptrend. I will not throw good money after bad, because for right now at least, KNOW ONE really knows which direction this thing is going in the future.