RE:HoldYou don't have insiders investing ~$700k of their own cash in failing companies Mrd, but time is a huge negative when waiting for 4-5yrs for a company to start proving it's worth and they keep moving the goal posts further down the road when they should be scoring goals and knocking it out of the park, of which I can attest to for sure.
There are millions of shares held by longs and the MMs will grind as many of those shares out of as many of those hands as possible at these levels, it is just good business. They will hold the SP down as long as they can as time will generate more shares sold their way....material news changes everything.
We need to see management start to meet estimates and expectations that started off the post legal rec with a less than stellar maiden report and sales volume...there is nothing that indicates that FIRE will not meet and/ or exceed expectations going forward but there is definately a limit. We all have to do what is best for ourselves...all the best to all the longs whether they buy, sell or hang in there, JMHO....Opt
Mrderalick wrote: Look at the charts fella’s, FIRE is primed for a bounce. I hear a lot of complaining and if you don’t believe in 7ACRES there is time to get out around the corner. Today or the next or the next FIRE is primed for a bounce. You all know it’s coming low volume and the bleed has greatly decreased as shares are accumulated and the SP goes staggnet. On this next bounce take your money-profit or minimal loss and then DUMP it into a company that is over inflated just to look back and watch FIRE run. From my perspective I’m excited at what I am seeing chart wise. I may pull profit this week, but on second though I won’t because when fire does run it runs harder than the rest. So pull your cash at 2.15/2.25 just as we see a pull back, and watch it click it’s heels just as you think the steam is slowing and jump up another bench into 2.50’s. Some see the long game which I do but it also helps you cut the emotion out when you have take some of the Houses cash. Pull some
profit and wait. Time your top and then hold cash and wait for a dip, the next run will show us our new proftit zone let’s call it 1.82-2.43. SUPREME’S chart is sound up fellas. I wish everyone the best of luck as I won’t touch a buy or sell until this next move played out