Nicmar, Non news releases, sure. Rumors, sure. Press releases from questionable resources, sure. And let’s make sure to include various investment boards as well. Cry wolf syndrome both good and bad until everyone is just numb. And one could also mention reasons for these, ranging from innocent to, I suppose out right manipulation. However 65.84 percent are held by institutional investors. Let go back and mix in the 14.8, as of last release of short investors. That leaves 20 percent left for the common longs or the float or the traders, anywhere from day on up. If a person could figure out what the traders are buying/selling by volume you may find out, Longs or individual investors if you wish are the minority in all this. Sure seems like a lot of pumping and dumping and questionable releases to try and shake those loose. Now the momentum players are a different group that can make a difference, however I’m not going to include them as a separate group, nor the hedge fund players or the option players as the point was to keep this a simple post. The longs, which I am one have no play in here, we hold. Were just sitting in the stands watch the game play out. To your point that this company will go lower without a catalyst could very well be true but it will be the other groups causing the issue and controlling the game. Longs are just holding until there is a reason to sell. Nothing to do until the company explains what is going to be happening going forward.
JMO |
