Anyone who just got in should get out before the RS goes down.
Any positive news (if it’s even there) will come after the RS which will probably be in the 1:30 range based on the number of shares out.
Most RS are designed to take out heavily individual investors, not to increase the share price as everybody wants you to believe. The hedgies can push a stock in any direction whenever they want…..they are experts at the game….seen it over and over.
Trapped longs have little choice except to hang on, or bend over and sell at a huge loss! GL
Mike, if they had good news why would they sit on it. It could accomplish what they want what with time running out on the RS. On the other hand, what if news was just the opposite? No doubt it could spur insider selling. Hmmmm.
big mike in way over his head. He must learn how actc moves, and what the market makers do, before risking big bucks here. The move he mentions is the most inconsequential event in actc history. He should sell immediately since he knows very little about actc