One more thought.........
I believe that it is a huge advantage to the longs to have someone supporting this stock.
The result will be:
1. No huge volume sell-off at this level.
2. No option for the shorts to take it substantially lower....if they are greedy and don't want to take the $1 fall off the high....or any number in between...then they risk a quick, PAINFUL squeeze.
3. Greed will turn a short profit into a huge loss if they continue to hold.
4. Bad news is baked into the price and ANY good news is obviously going to take us higher. And I'm sure that there is a lot of "good" news ahead.
Basically there is a limited amount of possible bad news at this point. Any contract is a plus, move to BB is a huge plus, partnerships, new distributors, buy-out is all possible.
I'm very happy with my position and looking to the future.
Buying more on this temporary weakness....
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