Re: 9 consecutive trading days
in response to
by
posted on
May 23, 2018 03:22PM
gac,,,,,,,,,,,,as we have been shorted from the $1.80 down to the $1.25 level then we do have shorts under water as it stands. So $1.52 would be an average level of the short sell,,correct,,,its just an average. So how does a house which is short make money off us when we have a trading range of $1.42 to $1.57 today? It is assumed the trade has to be well below this $1.52 level to make any considerable amount of money, and that amount is capped when we are a penny stock. Seems like there should be much better plays out there than RVX for shorting,,especially breakers of the moving averages.
However,,of course we can not or at least have not attracted buyers since our 2013 hiccup. Maybe the shorter/s are relying on sentiment only!!,,and I do hope it is an error on their part,,,,,jmo