“In a closed society where everybody's guilty, the only crime is getting caught. In a world of thieves, the only final sin is stupidity.”
- Hunter S. Thompson
If only you had shorted. Seems like you're content just rambling on and on.
I sold half of my shares between $40-$45. Some here might get mad at me fr saying but I hope there is complete overreaction on the downside, that will be a good time to pick up shares
Do you disagree that tax selling could play out here?
The low was $27.52. We'll see if we get in that range tomorrow. If it gets to $25-$26 and I will pick up more, we'll see how it plays. Those looking to buy remember there could be tax loss selling especially with a year of high gains.
Their spectrum (and towers but there are less now) were reasons I bought into the crater. I felt those assets gave a "backstop" and would make a takeout more likely as market cap dropped. Wireless data is white hot right now and still a lot of penetration room left on the smartphone side.
The info comes from Nasdaq's website. Where do you see real time shorts balances? Reporting twice a month is all that is required.
Could Steve have sold with news pending or in the works? Maybe if the sale was predetermined. I think it's just oversold and shorts are finally starting to cover along with longs getting in.
Appreciate the info and more balanced thoughts. I know NIHD is not in the best position, but I think they are undervalued and could be taken out. I do not work for NIHD. And agree with most of what you just posted.