This is like watching that movie about the old Cleveland Indians. Day in, day out, LOSER! 6 in a row. I bet we make it 9 in a row and close down every day this week. You always hear about shorts shorting undeclared shares, or made up shares, maybe they get the same treatment when its come time to cover.
Thread old timers,
notice how every new down day, we get several newbies? We get a nice, steady supply of new money trying to come in and be the hero and pick the bottom. To be honest, I wish I were in their shoes right now. If I was, I'd be watching and shorting every rally. You can make a point a day with this stock doing that. But since I already made my long commitment, its just time to sit back, get comfie, and enjoy the daily whipping. Us longs are the whipping boys for these shorts. Hopefully, one day in the next 2-6 mo's we will be on the other side of that whip.
Steve |