Co-ordinated Short AttackHappy Canada Day!
It is abundantly clear that there is a co-ordinated short attack being utilized against ARCH. It is frustrating that bonafide solid news released over the padt few months has had zero positive impact on moving the share price up.
The shorts (CIBC & Scotiabank) are aggressively selling to keep the share price below $2 when fair value should ge $10-15 with current news plus where we are in the scientific process.
I know we all want to blame the shorts but how can you when they see a lame duck with zero buying interest. This will continue to happen until we attract serious buying interest. The shorts drive the share price lower daily but zero buyers step in. Unfortunately until we have buyers coming in we are in limbo.
Take this opportunity to add if and when you can as this will not go on forever and this is a gift of a lifetime. Don't let the shorts steal your shares.