IT'S ALL ABOUT THE SENTIMENT! Again the sentiment for our sector is dismal once again. We just had RINO admitted that they actually defrauded investors. We have serious inflation problems in China and some kind of different tightening every other day. We have lots of bad press once again in our sector and plenty of bad individual company news. Right now it's almost impossible that the stock can run.
I'm actually glad we aren't a lot lower right now. Shorts also know that the sentiment and the overall markets right now are in their camp right now so they are aggressive as well. Just saying.