Post by
BSdetector2016 on Jun 13, 2024 10:24am
If CITIC and the
Stupids keep feeding the Shorts, and keep selling into known seasonal weakness, then this could end-up below $17, albeit briefly. It's a good time if you want to pick-up some cheap shares. My core position will be reviewed when this hits $25.
Comment by
gltainv on Jun 13, 2024 10:43am
Wonder if it'll go lower and lower, really hating seeing it going down, at one point had more but moved on and jumped back in and got burned
Comment by
gltainv on Jun 13, 2024 10:43am
does seem like it's stupid sellers though and citic for some reason
Comment by
guarantor1 on Jun 13, 2024 10:58am
Gotta wonder if there is a relationship between CITIC and the Shorts, eh ? ie, the Shorts buyIing the CITIC offering, to cover... they get the CITIC IVN shares a lot cheaper than they would, if they. had to buy on the open market ?
Comment by
BSdetector2016 on Jun 13, 2024 11:06am
Yes, you have to wonder...
Comment by
spookie77 on Jun 13, 2024 11:52am
and what's in it for Citic to sell lower than they have to. Why do a solid for a shorter? And why mickey mouse around with multiple small trades all day. Just do a batch trade with the shorter, get it over with. Also insiders are selling. Don't blame them. Making a profit is the goal.