These short attacks are actually healthy for the stock.
If "everyone" was high on FNMA, then the price has no place to go but down. So we need naysayers.
Apple had naysayers. So did Amazon. And Microsoft. All of these got passed the naysayers.
We longs need someone to lose money to us. Every poker table needs one or more rookies willing to donate their money to lost causes.
While I do think along4zride would do better donating money to family or friends, or at least his church, donating his money to longs is good for us.
Yea, sure, we WILL see price declines. However, the trend since the first of this year is definately UP, from about a dollar to over triple that.
The road is almost never smooth, but the trend is up. Trying to go against the trend is "running against the wind" or worse, trying to paddle upstream.
The current is gonna eventually wear shorts down. And they will give up.
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