LOL, this stock is leveraged both ways UP and DOWN. The people holding it down will one day let it run, but not before they leverage the stock to their advantage. We will not know when this will happen. The constant pop and drop is just training people to sell every pop, however, eventually a pop will not be followed by a drop and then before people realize it....we will be off to the races.
As of right now, it looks like you will be able to buy them back without too much pain. However, if you wait, then they will slowly go up in price. Why would you short this going into a presentation? Your other option is to just buy 1,000 shares of the stock and let it get taken at $10?
Ok, so trading will open in 50 minutes at 7am EST....Can you really trade right now?
$10 will be the top....no matter what is said at the meeting.
Nope, we will be lucky to see $10....over time it will go up and touch $20, but not until all the funds are done getting their shares. Premarket high of $10 and then I seriously doubt it touches $10 the rest of the week.
I sold QCOR 5 minutes before news popped the stock up......I am still upset I missed that boat.
Shorts are not and will not cover any time soon. When they do cover, then it will be slow and with mostly options...watch the options. When you see volume in options, then it is time to move. Huge move up in stock price, without options movement, means that the price is just going to come back down.
They want you to sell on every pop and then buy back. One day it will pop and not come back for you to buy back your shares. Don't sell all shares on pop's.
Also put 5k up at $1.65, and 5k at $1.7....any takers? Come on shorts, buy some back.