Excellent analysis Lewis. Welcome to our thread. Your post and the prior one relating to the large holder dumping today explains a lot.
As I posted earlier, all those hypothetical tragedies for the various components of CSMA did not occur today. Shorting and panic selling did.
Tomorrow AdHatters will be still shipped out, EnviroTec will still be gearing up, LPS will be recruiting sales people and signing up clients, M3 will still be covering/researching opportunities for CSMA.
I would love to pick up stock at 50 cents again. The only downside is that, were that to happen, it may shroud the company and the thread with a feeling of doom and gloom, from which recovery would be long.
The only thing worse than holding a stock at a high price that proved disappointing in performance would be to hold a stock with terrific fundamentals but nobody believes in it anymore.
I do not believe we are totally done with the games of today. Buying is the key to support. Now, I don't know about you, but I'm tapped. I managed to break some piggy banks today, but by the time I counted my pennies, the games reversed direction.
While I hope that I am wrong, I think we can see continued downward pressure games, NOT BECAUSE OF ANYTHING FUNDAMENTAL., just because MMs are like ten year old playground bullies. As long as they can get away with it, they will. REmember what I said before, these are professionals...whores, but professionals. They'll switch from the bid to the offer and occupy both positions. Whatever it takes to make a buck. Nothing personal, just business.
Sell out at these prices and you play right into their hands. Cliche, I know. But it is true. Stay long and prosper and remember:
"We will fight them on the beaches, we will fight the Shorters in the hills, we will fight them in the trenches, and when future Longs look back, they will say to a man (and woman), that this was OUR FINEST HOUR"
TG |
