RE:RE:RE:RE:Bullish!!! Financial Detail Summary and Stock correlationNice! for moving to short camp!
I really like it, because it shows capitulation and that's the last sign that we are at the bottom.
Usually when stock goes down by 1-2% on daily basis and reversal happens, it's not 1-2% :)
Usually it's 10-20%...
Regarding the darker side and addressing the other shorts...
Shorting is a legal financial instrument, used to have many rules, but they were removed, which I disagree with, but it happens.
Still, even when certain things legal, doesn't mean it's rigtht.... Logically what shares are? it's property of company that are created for growth, producing something and shorters are coming in and say pretty much we don't want the produce, in our case drugs; it's like going to rock age.
Cheers