Hi all,
I'm happy that fonix is traded again. I think that the far majority of investors are really frightened, what will happen now on the markets.
I think we will see tomorrow the day with the highest fonx trade volume ever. And this will be due to a massive panic selling of investors and some heavy shorting, i think.
John Harris, as you are declared short, I would be interested on your view. What do you think will be the price you would cover your shorts if ever?
I think we can expect the price to drop in the first minutes to under $0.50. perhaps even as low as 0.25.
I think at this level massive short covering may follow, because fonix or its fillets might be bought by another company in the worst case scenario. That should IMO justify a price of 0.30 in the minimum.
I think we will start under 0.50 and close substantially higher than the days low. I think that the GMGC chart after their bad earnings some days ago will repeat. I think tomorrow will be the worst time to sell, as it seems far unlikely to me, that we will start with one $ and slowly decline, so that one can bail at .9 or so. I think I will ride this pony to the end, especially if there is no chance to sell above 0.5$! crazy ;-)
It will be interesting what kinda news release DR.(N)O has pointed at. if it is something very good (LOL....I know this is fonix!!!), this might work like seat-belts....
Good Luck to all longs, better smoke a joint tomorrow, calms down!
;-)
Regards,
Juan
PS: I wont be embarassed in case my panic scenario will not happen. better have some more $$$ in my pocket..... |
