We should have a nice opportunity for stink bids soon if anyone is just playing the bounce. This short piece was in preparation for a while but there will be some refutations out fairly soon.
The shorts are the ones buying on the panic - he was already short when he wrote the article. The whole idea of the short is to sell at the high inflated price and buy back on the crash. He just made an easy 20%.
I have been watching this one but have not been in it since the Nasdaq up-listing delay was announced. With this crash, I may try to time a bounce, but will wait until it at least falls 30%.
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