I have a lot of respect for you and Donny due to the trades you guys make, but you two could be making a serious mistake here, XTON may or may not be overvalued, to me, right now it certainly appears overvalued, but who really knows.
If you're short and if you don't kow for sure that it will go down to $5 or less, you're in the wrong stock. This might not for some time. And time is on ELOTs side. The promise of just one announcement is moving it up, you cannot and will not beat hope.
One state is all it will take, once that happens just the possibility of others will keep it up, Company has publicly stated they're in advanced talks with several states. This is not CYOE or JBOH or MHMY. They have a credible board, you're not going to find any "crims" here.
You could make quarters as Donny did today, but I'm on the other side of this bet from $3 and will stay there looking for more dollars, I am not so sure that quarters would be enough for me to risk losing dollars. Please make sure that anyone who follows you guys in knows enough to get out quickly and will get out quickly. I still think you're still just a little too early.
FYI, this was moving up when anthony was still here, I did send a post to him before he left, it's on here under me, he did not respond (either skipped over or didn't have time to really look at and offer a good opinion, I think it was at least a full day before he stopped posting), but he did have time to respond to a large number of other posts, and in the past he had expressed an interest in shorting when it was $4. Why he didn't express an interest or offer an opinion when it was SUBSTANTIALLY HIGHER you will need to ask him when he returns. But there is no way he could have missed what was going on with XTON, he's too smart.
good luck.
rr |
