RE:motley bullish omg shorts getting nervousDon't quite understand your point......Reality check: Earnings are tomorrow
--expected $70 to $72 million
and write down of $2billion...
Why would you buy a stock that's been in a downtrend since April?
Why would you buy a stock that's lost more than 90% of it's value since last year, when traded at $10 ( pre-reversal split)?
Stock is a falling knife---the share price is declining on the monthly time frame. Look at the )@@&!? Candlestick chart.
You never buy a falling knife!!!
Market sentiment is bearish---as indicated by sell off
Contrary to what you are saying, bears are in control...If ACB announces a write down of $2 billion on earnings day, ACB ' s share price will drop below $7.39, the start of the initual gap up in April