Re TAVA, I think time will tell! Like so many stocks there is nothing wrong with the potential story but it is only potential right now.
The thread behaviour is absolutely predictable by the way and is seen everywhere.
It goes something like this:
Lots of cheerleading, cheering the stock price rise, not addressing downside issues and wild claims about the stock price in X months. Very much a 'family' - you are in the team, feel comfortable etc.
When the stock goes flat or dips there is a loat of 'buy on the dips', posts basically saying 'if you sell now you are stupid and you are not in our gang anymore'(phrases like 'weak hand selling'), I'm buying more at these levels, you will regret it WHEN this stock goes to $XX, the institutions are buying and know what they are doing.
If we see a drop of $3-4 dollars here I guarantee there will be a lot of buying, people 'backing up the truck' etc. even without any news.
On the big rise there are many just throwing money at the stock at market prices, at high levels. These are the ones who really lose out if the story doesn't work out.
If you were without morals and had the ability to move a stock price around (ie. start it moving in a direction) you could make good money doing the following gold mine trick:
Buy some (not too much)
Get the stock running up. As witnessed the last few days, the money being thrown at it by new/existing holders fuels the fire once you've started it.
Sell your stock. This drops the price $3-4.
The trucks are backed up, the dips are bought.
Buy more yourself. Stock runs back to the high.
Sell your stock then short the @!*% out of it. People bought initially, bought on the way up, bought on the 'dip'. Where is the money to support the stock? All used up. A little panic selling helps too.
This is just an interesting tale and does not apply to TAVA as far as I know.
Time to read a few 100 TAVA posts I suppose! |
