Questrrr, you may not realize this - but we know EXACTLY what longs are involved in raising the price of this stock. Most of us are there, at their sides, when these stocks are being hyped... watching silently as these so called gurus ( and TJ was not the only one last week... there were actually several)are leading their sheep . All it takes is a scanner, showing which stocks have risen > 25% and the herd is off and running. These longs do not care if the net stock is selling chocolate bears or bat guano... they are looking to scalp 1/2 point.... 2 points if they are lucky. They are just hoping they can scalp their new finds before any negative press starts to pour out....and when it does, those trading from platforms will be out without too much damage, and the newbie daytraders , or worse <horrors> INVESTORS, like yourself, will be left "holding the bag" , as they say.
just one more thing - since you still don't seem to get it. Someone just posted one of Jetups replies - this should alert you that you have attracted shorts who usually can't agree on anything . This stock , however, is sending out alert, alert , alert signals to every person who has every been on the short side in their life. ALL the warning signs are here. I'm not going to put the formula down here , because that would make it too easy ... but this stock is a guaranteed under $5 in 6 months stock.
"Might the stock price fall? Maybe a little bit...so go ahead and make your little 1 or 2 point trade"
Oh no... now you've gone and attracted ALL the shorts...you've got the day trading shorts PLUS you've got some of us who are going to go for the more than 10 points... especially knowing the knowledge level of most of the daytrading longs on this one !! |
