RE:Short and distortThe good news is unless the company is weak or just a "pump and dump", it survives and shareholders who were able to buy at the lows benefit greatly despite all these nasty traders!
It's investors who didn't understand the short attack or were holding without good self-research that lose out because they sell at the wrong time influenced by these thieves.
Since some of the the professional bashers appear to be buying "on momentum" now, I'm really tempted to place an order for tomorrow to add. The only question is, do I buy at market or at a limit price. That's something I'm not comfortable and would love to hear from anyone, including traders, on.
I bought at market this past week and glad I didn't try to get the perfect price, I would have missed the start of the run, I felt the volumes was low enough to risk a market order.
But on Friday, there was a $6 difference between the high and low on Friday which is staggering! High of $34.40 and low of $28.58 to closer to the highs at $33.89 for a very nice 14.53% gain.
That's more than I make in a year on some stocks! The best way to beat these short sellers is to do your own research, look for these attacked stocks and get in at the lows just before catalysts like great financials in a growing sector with strong management.
Bashers are without a valid voice here. Or maybe I have them all on ignore?