If shares to short were available and I wasnt already bag holding at 2.15/share I would be shorting this pig with both hands up into 4/30. Longs have proven they have no intestinal fortitude to buy dips and dont have the stones to pump a rally. I feel like this significant drop is 100% the faults of moron longs selling for 10 cent pops.
So I ask, why isnt this TURD POS tanking today? Shorts waiting on payday tomorrow?
All imo and without much emotions and joking around, I believe this is the bottom. I am looking at the 8mo chart and it is now grossly oversold. I bought about 2800 shares yesterday at 1.74, planni g to buy more today and some to.orrow. want to see how we close today and how friday plays out. So overall I am adding another 10k shares into the 30th and in all honesty, if pps stays above 2 then I dont have a problem holding until $3.21 or the 200dma resistance. Thats my plan anyways...
I have 35k shares apx. I continue to roll profits from other trades into this stock as at this point it makes most sense to average down, i still believe in the company, and i have a long term approach TO THIS STOCK. So I am adding shares but it all depends on how quickly i can profit elsewhere. I'm hoping to have some profits early next week i'll roll to this piggy.