Post by
SNAKEYBOY on Apr 30, 2023 4:15pm
SHORTS ARE HUNGRY
I would like to believe the opportunity for a small squeeze going into earnings in 9 business days and that mr powell that doesnt come out swinging with the intention of cratering the markets given how more regional banks are still on the edge.
I feel like the shorts wanna squeeze all the juice they can on the way down before they cover and it may play into mr manis hands with 5 million more sharesl left to buyback.
US REIT sector may be on an uptrend and the S & P looks like it could potentially break out after making a few higher lows past 10 months. Financials and REITS have to come out of their funk if thats to happen.
Either way its going to an insane 2 weeks from here.
My preference is Artis stabilizes in the $7.50-$8.50 range for a peace of mind
Comment by
SNAKEYBOY on Apr 30, 2023 4:32pm
Reece, you obviously dont know how the sharks on wall street operate. They will make the average joe investors puke at the end of the trade and when everyone and their mother is selling, they will cover and before you know it itll snap back $2-3 fast.