Sorry you came back to this, TS. Even though this is the 3rd time this has happened to me, I still can't truthfully look back at this morning and figure I should have seen it coming and sold. It came out of nowhere and hit in two massive flash trades. How this can be legal and allowed under computer trading is beyond me.
The company is solid and all the fundamentals that drove me to buy remain. I can't anticipate fraudulent manipulation and certainly cannot trade stocks based on hindsight.
I will continue to hold, even though I expect the shorting to continue. One thing I have learned about shorts is that they are greedy. Instead of covering tomorrow they will short this further like sharks smelling blood.
Whatever, I prefer a buyout anyway to avoid taxes on the gains, so I will just blindly hold and continue to live my life in a manner I pray is pleasing to God, not man and certainly not for money.
Ecclesiastes 8:16-17 (ESV) 16 When I applied my heart to know wisdom, and to see the business that is done on earth, how neither day nor night do one’s eyes see sleep, 17 then I saw all the work of God, that man cannot find out the work that is done under the sun. However much man may toil in seeking, he will not find it out. Even though a wise man claims to know, he cannot find it out.
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