Jakedogman1, I've been doing exactly that...
It's just unfortunate to watch this again (I traded SNIC back in the day as well.) It's amazing to watch human psychology unfold in the market. I have to laugh, I watched "War of the Worlds" last night and the scene where the mob is trying to take Tom Cruise's car reminded me of how dumb mob mentality is.
It is a little depressing to know that there are so many out there they prey on this weakness and take advantage of people that don't realize what is happening. 2 months ago, sky was the limit and the management was doing a great job. Now, we have more money in the bank and are closer to a day of reckoning... But, the stock is down, bashers are running amuck and a lynch mob is after management.
While I hate to see people lose money, a lot of this dead weight needs to be shaken out before the stock will go up.
I'm really wanting to know who is accumulating. These tactics really do smell like a hedge fund. But, I don't think anyone is dumb enough to short large amounts of stock with the potential news that could be coming. That would only happen if there is a leak... The volume we're seeing does not indicate a leak. Too many things coming up to start panicking now... IMHO
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