Yeah, Agree. These infernal retraces back are annoying. Just keep taking solace in that good things in the form of news, stock buys, stock employee incentive plans, etc are all good things that good companies do. Time is the enemy of shorts. And that is in short supply for them.
There's a large crowd of traders that are using the rinse-repeat procedure and are buying in the low $15 then selling in the high $16... some of them may even go short at those upper levels...
The only thing really bothering (for me) here is that you might expect that some institutionals may see the opportunity and prevent these huge retracement... that just isn't happening as it didn't happen when the stock was going back and forth between $8 and $9 a few months ago...
Only reason I see is the "Far and away communist unpredictable china" effect, and of course "miracle-companies" like RINO/NEP/FUQI...
Patience... sometimes the most difficult thing to do is to do nothing...
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