Mike, I would say it turned out beyond the shorts expectations in Act I.
Without a doubt it was beyond the shorts expectations....as was yesterday's surge...
Maybe you slept through it because you were completely silent then. Not completely Tom...I laughed at some of your inane comments...Act II just started. The fun continues.
The script actually reads like this:
1. Stock runs up shorts participate by supplying significant buying power
2. Longs proclaim CUST to be going to $100 or something like that you're on a limb here Tom...the only target I heard was from an analyst...Notwithstanding it did reach 90...
3. Shorts enter you mean new shorts, of course, since the old ones are exiting
4. Media slams CUST (optional)or a figment of your imagination
5. CUST drops like a rock There was no reason for it to sustain 90, after all the shorts were the driving force to that dramatic surge
6. Shorts take profits perhaps, the lucky ones
7. Curtain drops, end of Act.
Repeat, repeat
Final Act:
1. The bottom falls out of CUST some of your less reverent cronies already thought that would happen
2. Shorts take profits or is it losses
3. Longs (or is it shorts, the beauty of the game is nobody knows yet)now realize they've been had, vow not to make same mistake
End of Play.
We're now at the begining of Act II. Stay for the whole play, won't you? You bet, Tom, you bet!
Regards,
Tom
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