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Thursday, February 14, 2013 7:23:19 PM
For you newbies, tomorrow is not the day to sell regardless of what you see or hear. The shorts and traders are doing everything they can do to scare or intimidate you to steal your shares in order to cover their butts.
If they release any news tomorrow, a head of the 2/17 date, this stock will take off. Even if they don’t, they will release news on this long weekend (market is closed Monday due to Presidents day) and the chances are that they shorts are going to have to cover. If that happens we could potentially have a killer short squeeze.
If you have never seen a short squeeze it is when no one sells, the shorts have to cover at the going price resulting in the price going higher and higher. It is a beautiful sight for those that are long. They can be very profitable. With it being a long weekend with news coming out many of them know they have to cover or take the chance that this thing skyrockets on Tuesday.
If you have to sell tomorrow for whatever reason wait until the last hour of the day.
The shorts have thrown everything out there the last two days and they could only get it to drop a few points. Now is not the time to sell. If you don’t believe they want your shares look at how many negative posts there are on this board. The same scare tactics over and over. Believe me they want your shares.
Buy and hold. It is only going to get better. Enjoy a very prosperous ride. Just don’t buy into the fear. GLTA
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