I'm just saying that selling before the shorts get a chance to might be a good way to make money on ACB.
Has anyone else noticed the pattern?
Step #1 - Everyone climbs aboard and touts how great ACB is. The stock goes up between 5-10% a day during this part of the pattern.
Step #2 - Then the shorts get in. Usually around $9-$12 a share and they start selling borrowed shares. This causes the share price to decline because they just keep on shorting until it does.
My point is: The key is to sell before the shorts do. Then when the shorts get in - the price will go back down and then it is time to re-buy at a lower price.
This pattern has been happening with ACB for over a year now.