Solid foundations. New horizons.

Free
Message: Re: Positive news just another short term selling tactic

i think some investors are shorting this stock after good runs to drive it down 10% and buying it back a few days later. i dont think most of the shorts are there because they feel the sp is heading down long term. probably a good strategy as long as you dont get caught in a big short position and the stock gets halted for great news. people like the space scumbag use these forums to try to influence retail investors in the direction they want the sp to go. they use fear and misinformation to herd the sheep.

this company's value can be calculated with a formula based on excepted industry standards and right now that value is far below the correct level. the variables in the equation are about to change dramatically. with a positive pea the market value will also change dramatically. looks how many anaylsts are now covering this stock and most are north of $3.50 with a target. not sure if they are using current resource estimates or predicting the upcoming additions when making that target. guess my long winded point is i that i want to be long in this stock when the big news breaks. i will sacrifice the 10% swings to avoid missing the big move. think for yourself based on the info that is available to all the shareholders and not get sucked into paying off the shorters by selling before you get rewarded.

Share
New Message
Please login to post a reply