We are so close, I just want what's hanging over our heads to be done so we can reverse already. Intil they get what they want, they'll keep selling or shorting it lower to fill it. Let's get this reversing already.
Chart traders have an over emphasis on consolidating at appropriate levels. As was said before in this forum, it becomes a self fulfilling prophecy that shorts sellers and crap talkers like Kevin take advantage of. They don’t look as much at fundamentals. It’s all about the charts. Quick flippers who just want to make 25% or even 10% also ensure that the stock will retrace.
Also, there are traders who probably loaded up real cheap some months ago so they can make money on the way up and make money on the way down and they are dumping shares into the bid. They don’t want this to go up to fast because it is easy to get those who know nothing on the stock to cut and run. They are and continue to build walls. A lot of the attention this forum has gotten over the last couple weeks would be some of those parties involved working on behalf of those I am discussing.
I’ve had the stock a long damn time and I’m not selling a share until I see what transpires. Best thing to do is to lock up your shares by selling high… really high… And wait. if u want to play long.
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