Agree to a certain extent. Only reason I asked is because it seems like you keep circling back to the same topic. I’m here for the buyout, whatever it may be. But looking at the short volume day after day, it’s pretty apparent just watching how it trades throughout the day. Undercutting the current PPS by a sizeable amount and stacking the ask to drive it down.
No one really knows but I do feel like it is going to explode once accepted offer information comes out but I believe we will continue the uptrend Thursday. We have continually been building higher lows and so far we continue a gradual move up while consolidating along the way so once we reach true valuation it may actually hold around whatever that price may be versus dropping instantly like many do.
General rule for most pennies is don't hold them overnight. After a nice run like yesterday it's almost guaranteed this kind of day follows where longs take a haircut and the others buy back in at the .075-.08 adding more shares with yesterday's profits. Unfortunately I was not one of them. You know maybe 25% lock'em up and thus you see the % volume of shorting, damn near half the volume.
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