[Thanks Hal] TO ALL: : : : May the force be with you : : : :
Those that sold Friday will be buying back Monday and those that shorted Friday will have to cover Monday EARLY. . .together with the tiny float of PRFM and the surprise news articles and press releases Monday morning . . AND the CNBC coverage of the big launch. . .I see us breaking thru last weeks highs in a matter of minutes and breaking into totally new high territory.
And with that in mind, the short-sellers did us a favor, because now they are on OUR side. . .BUYING PRFM. Even if they HOLD short, it won't matter to the stock price.
Imagine for a moment...you are holding short, then Joe Kernan starts saying: "PerFUUUUm. . .mmMMMMAAAANiaaahhhh" about every half hour. And with each mention the stock runs up on HEAVY daytrading, not just the daytraders IRC, but the countless daytrading rooms around the world where they BUY on internet news. . .NOT sell.
These short-sellers will quickly realize how suicidal it would be to play short on a day like this. . .and they don't need a LEADER to tell them. In fact, the lead shorters already covered on Friday and the SMART ones will cover on Instanet while they still have a profit left.
AP may be a clever shorter, but he will soon realize that he grossly underestimated the expensive promotion planned for the release of America's LEADING fragrance retailer and worldwide distributor. 290 stores and many more opening this year as they continue expansion worldwide. Soon they will have a new CFO and not just a family member. . . I expect THIS announcement to be included by the possibly DAILY PR that KCSA has worked so hard to prepare.
AP's followers will be making their OWN minds up come Monday morning when they watch their profits vanish. Really the only OUT I see for them is INSTANET. Only the ones with INSTANET capability will be ABLE to get out with a profit when the flood gates of daytraders BUYING on INSTANET start bidding up the price.
Frankly, I feel sorry for those "blind sheep" that followed AP and believed that he was holding short thru the weekend. If they don't have INSTANET and even if they do. . .their equity balances will quickly dip below their margin limits causing automatic margin calls and tying up their trading accounts until they wire in more funding.
Did you ever wonder why so many here on SI get ill when you bring up BAMM? It is because countless shorters lost their shorts trying to call the top or short BAMM, because it was a "penny stock". Look at the charts. Late November it was UNDER 3 and heavily shorted. Then the CNBC factor hit, Joe Kernan loved it....and in a SINGLE DAY it ran up beyond 40 dollars per share.
A one-hundred thousand dollar margin account quickly became 7,000 dollars with a 60,000 dollar margin call on BAMM. And that is precisely the situation we have with PRFM. BAMM's float was about 7-8 million or so. And PRFM's float is just a fraction of what BAMM's was. Add the CNBC factor and . . well . .
There will be some real sweaty palms come Monday morning as the shorts ask forgiveness for ever turning to the dark side.
The methods we use on the HOME thread are infinitely more effective and yield FAR more profits than these shorts can imagine. Most of us, bought PRFM under 3 and traded it up and down getting back our original investment WEEKS ago, which we have already doubled by wisely placing it in OTHER stocks. The money we play with here on PRFM is entirely HOUSE money....so where is our risk?
Yeah, there will be more than a mass exodus from short positions come Monday morning. . .there will be a mass turning from the dark side, as these misled traders snap to their senses and get a sharp dose of reality.
I only have one word for everyone here, whether long or short. . .
. . . . . . INSTANET . . . . . . . .
Rande Is |
