RE: FEAR and GREED sissy18Why did all these house guys go for a bought deal at $4.50? Wouldn't you say they overpaid for those shares - If they're so smart why couldn't they get them cheaper?
Sure they could and they expect a retrace to the PP and even below. They probably got many from the 1.70 area (by the looks of the interest trading)well below the 4.50 to give many houses a nice average, even below the 4.50. Time and shares to use are on their side. Happens to 90% of them because of share dilution. Great story here, probably true, and they know investors will look in the rearview mirror at that $90.00. BUT.. things happen with those that fall in love. The litle guy is always the last to know. Many pumpers, paid and otherwise ..pump to sell short or are just on here to confuse. If this is real it will break over where many sold at 5 + .. in time.. meanwhile letting the retrace work for me . And no.. I do not short. Today.. a little up on low volume after only dropping 23% and after going up before that 173% .. not impressing me yet to prove I need to rebuy.