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Neonode, Inc. Message Board

  • gutfeel888 gutfeel888 Jan 13, 2013 9:41 PM Flag

    Still watch what could cause shorts to cover

    There must be some reasons why huge numbers of shorts are still hanging there: either they are deadly wrong or outsmart!
    They seemed to know more info ahead us retail investors. For instance, I barely know the amazon withdrawed from it when I read seekingalpha article. It was darned late!
    We need some big contracts in new emerging fields, such as auto or iPhone ones since we lost revenues in old sectors such as ereaders.....
    This stock has been a growth concept to play so I will be watching very carefully on its growth of its rev or any guidance for the next quarters. GL

    Sentiment: Hold

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    • No argument here. And thanks! I have spent the entire weekend following all of the sources I have been able to tap into. I do see the next two weeks on my little homemade rev limiter pegging! I anticipate heavy volume and increase in shorts.The other part is MM will likely be increasing in dips . The presentation this week will be on many investors minds. Swings with Neon on announcements and increase volume is enough to increase the shorts position. Tap into some charts and look at the wide range of views. Volitility and swing trades are likely to increase action on volume increase alone. I always watch the shorts and tho many are basically technical watchers most are not stupid or there not around long. you can see them burn but not for long. One thing I admire about those cats is they can take and post a loss they do not marry stocks. Sometimes its hard for longs to do the same espicially with a stock like Neon. The stock historically spikes one way or the other on higher volume days and rebuilds the position later in the day. To be long you have to know your facts have an iron gut and again know your stock.

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