OTCPK:CNPOF - Post by User
Comment by
Ryezensum911on Jun 21, 2019 11:49am
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Post# 29849671
RE:RE:RE:RE:RE:RE:CAUTION:C.RIV= WELL LUBED SCREW TOY FOR SHORTS, SINCE IT IPO
RE:RE:RE:RE:RE:RE:CAUTION:C.RIV= WELL LUBED SCREW TOY FOR SHORTS, SINCE IT IPOThere really is no buying interest to discourage. Anyone that even glances at the one year chart can easily see that we are still in a downward trend, a 10 month trend and counting. Sorry, but even though I would like to get most of my money back from this stock right now, I couldn’t bring my self to encourage anyone to buy into this at the moment. Unless your just looking for a possible quick daily flip of 10-20 cents by buying just before the closing bell, and selling the second the opening bell rings.......or selling at the opening bell and buying back on the cheap 10-15 minutes later.......it seems like a Rinse and repeat daily with this stock, and of coarse always trending down......except for the extremely short lived “Short Traps”. If I were to be truly honest here, I would actually encourage people to Short this stock for at least the next 3-6 months. There is just no likelihood of any sustained upward pressure in the immediate future. And has this weakens day by day, it just gets cheaper and even easier for the shorts to keep the downward pressure. When I think of all the good news this company has put out over the last 10 months, and the share price dipping even further into the Red each time, it boggles my mind as to what it would actually take to turn this around?? One thing for sure is that nothing anyone says or does here will have even a modicum effect on what the Shorts want to do with it. For now we’re just a passenger/s on the “SHORT WAVE”. Here’s to hoping I’m badly mistaken!! GLTA.