Posting here all day doesn't make you correct, nor does it influence anyone . In fact, the stock is larely institutionaly held. and they are adding, not shedding now. The stage is beautifully set for a huge and violent squeeze. I Love it. Every detail is perfect: the utter conformity in mind set - in the belief that stocks can only go down now -- the perfuctory knowlege of TA, and the vulgar ignorance of the historic importance of Nete. There is no escape. Cap B.
Are you suggesting that funds (which are all facing large redemptions) are out buying stocks with a PE of over 400? I don't think so. You are looking at daytraders and MM's moving this stock, not institutions. This is one of the great shorts around.
The funds were buying it when Nete had a negative PE, and they're buying it more now as it quickly turns positive. So thats a fact, public record, that they have been buyers. Yes. please short the stock. I'm looking forward to it.