GREY:ICOTF - Post by User
Comment by
KeepGoingon Jul 17, 2018 11:24am
84 Views
Post# 28326892
RE:Mr reda!!
RE:Mr reda!! Looks like shorters have failed to drive the price to single digits and the price has now bottomed out.
They will be desperate to cover their positions and that in itself will push the price up.
If we take even a 3-6 month view, this blip will be seen for what it is.
Personally, I think 12-18 month view on this stock is better. More catalysts will come to fruition during this period and the stock will find much higher floors.
Shorters will still meddle with the price but with a medium term view what they do does not really matter.