mc6102 Tanks fo u repli.
I assumed as much, should this come off the bottom in a hurry, I would welcome the site of the bottom boxers and shorts scramble in a chaotic state!
It wud giv me emance plesshur.
Please forgive the spelling errors! LOL!
If it is indeed being cellar boxed (it does appears so, imo) they would likely already be starting their covering by then if they let it go to .0004. Cellar boxing a stock is bottoming it out and keeping it there by any means.
When a cellar boxed stock goes, it can go hard and fast, as the shorters scramble to cover, and then it can go even higher, because they don't want to lose money--- so whatever they bought they drive up further to cover any losses. Everyone gets caught up in the momo not knowing where the ultimate top will actually be.
Often called MOASS (Mother Of All Short Selling) effect, it rarely happens-- but when it does...
IT IS AMAZING, and you must hold onto your panties, grab a cocktail, and take a bit of dramamine for the ride.
OH -- and don't forget to take profit and/or your initial investment out at your appropriate time, if/when that happens... it makes the rest of the ride all the more sweet.
Information above may be speculative, based on mis-information, contain inaccurate data, be entirely tongue-in-cheek, depending on how much liquor I consume, how litigious and degree of stupidity / gullibility exhibited by the poster/reader I respond to.
