I think everybody has learned by now that Seeking Alpha is a totally self serving. Just wait until tomorrow when some other SA "analyst" says the company is going out of business. Total BS.
They love to blame the tank in price on the fictitious naked short position when in fact the true reason is that the company sucks.
They can gobble up all the shares I sold at a higher price. All they want. Must be nice to play with other people's money. I'll leave the losses to them. Since they hold so many different stocks it's easy for them to bury their mistakes, for me, not so much. I am very patient and can wait for real evidence that these clowns can can get it done.
Because I'm in and out of OCAT all the time. I'm a fan of the science, but not riding this pig down every time. I'll be back in at some point.
Looking back, this was a great call!
You'll see a LOT more volume at the true bottom and it will be a LOT lower when it happens. I have to admire your courage though!
Semantics are a great thing to criticize when you know you are wrong.
Does it matter? I'm someone with a pair or working eyes than can perfectly read the sad tale that the price action of OCAT tells.
Yup, and assuming they don't sell, the institutional ownership will be 70% when OCAT drops to $1.00. You realize that the institutional ownership has everything to do with the fact that OCAT is in an index, right? No institution in their right mind would choose to hold this garbage as an investment.
The problem is that it takes a 100% gain to make up for a 50% loss and I am not willing to lose a majority of my investment waiting for this to turn around. It may very well rise significantly at some time in the future, but how much will it need to rise just for me to break even? There will be much more pain here so I'll pass right now.
You're all wet. The true bashers are the inept company management. Period.
still waiting for the first time anything you say is true.
Just stop. Nobody in their right mind believes you.
little birdie in the sky, why'd you do that in my eye....