OTCPK:PDPYF - Post by User
Post by
Claude13on Nov 30, 2017 12:15pm
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Post# 27064506
Better Days Ahead
Better Days AheadThere's lots of things at play here as far as controlling the price and keeping it down. There seems to be a lot of dumping at the end of most days, right before the bell.
I think the short traders will try to keep it below $3.00 at the close. That would give them almost a week below their magic number ($3.00), which will trigger margin calls.
Like I said there's more than margin at play here, but it is a factor. These guys play it both ways, all done with computer programs. Pony expanded quickly and now the stock price is paying for it.
Tax loss season doesn't help either.
By the way I'm holding too many shares and I have averaged down already. I think this stock is a sure thing at this price and a turn around can't happen soon enough for me, but when it does turn, I think it will be swift and hard to the upside. Those who were brave enough to short this stock in the last year made a fortune, but I sure wouldn't want to be on the short right now. Nat gas price recovery is hopefully on the way and will be the catalyst for this to turn around. Happy days are coming. Just need to hang in there :)