Any little itty bitty miss or hint of business slowing down will cause the shorts to salivate and try to crush this... YES it may drop another 1-2 dollars right away... BUT right after that happens, I and all my friends, funds that I'm involved with will swoop in and steal these cheap shares (undisclosed amount) and then watch it slowly rise over the next month when everyone realizes that its NOT dropping any further and the company is here to stay. Shorts will pile out in droves with any positive news at all and shoot this up in a big panic. This can only be held down so far for sooo long before that bounce people...
I found this in the Pumper's Hall of Shame for those who wonder why a so called long would wish for a 25% cut in a stock at new lows:
1. A Paid pumper looking to ease the concern of longs about potential future disastrous news.
2. An insider in the know looking to dump but wants to ease the concern of longs so potential future bad news is already known.
3. A delusional bagholding pumper who is selling wedding rings, cashing out collage funds and taking out second mortgages because of the GRPN inspired margin calls. The horror of this black hole of poverty for the longs known as GRPN has resulted in a total emotional break down with reason.
“Yeah and Google had no brains either when they wanted to buy them for 6 BILLION 3 years ago at one third its size... you sound like a fool."
Now most Informative Shorts and Questioning Longs can’t imagine Google today offering 6 “BILLION” given the “CROOKED” accounting. For those who don’t know what we are talking about do your own DD or ask an Informative short or Questioning long. Bring up a 3 year old rejected deal that might not have made it given the “CROOKED” accounting is potentially dangerously erroneous for those who don’t understand the back drop but “you sound like a fool” was a bridge too far.
For shamefully pumping a long deal based in part by “CROOKED” accounting and then claiming the other party sounds like a fool ballin48226 has earning his place in…