Peaceful and all,
I don't think you can tell who is holding and who is not, nor do I think it is relevant.
For example, if I'm a manipulator, I might say I just bought when I just sold and visa-versa. I might say "this is the last time you're gonna see it under $2" when I'm trying to dump. On the other hand, if I'm just a plain old investor, with no intentions to deceive, I might make the exact same statements, and honestly believe them.
How does anyone know who is a "long" and who is not? Consequently, what difference does it make?
I'll ask the same question I asked two days ago: "Do you really think what is said on this thread materially affects the stock's price?"
Also, if the stock is being manipulated by MM's or nefarious posters, then "they" will eventually have to "take" the stock back up, so I'll just go along for the ride . . . or will I?
Kevin
PS: This is not a blast on anyone, I just happen to be responding to you, Peaceful, this is a general comment. I'm always a little more confident of someone's intentions if they've used their real name on SI, rather than a psuedonym. If anyone really wanted to "check up" on me, they could find me in a phone book. At least you know I'm not using two names. |
