RE:Do you smell what the TRIP is cooking.......The risk/reward to short TRIP makes no sense. At least at this level. If someone doesn't want to go long I get it, lots of reasons you could say it doesn't make your grade, and i wouldn't argue that with anyone. But to short it makes no sense, especially with cash they have in bank, their minimal expenses, their clear propensity to want to expand with Linton's guidance, the new
psych ETF and the general torque behind this new sector. Not sure if you saw the article where they said they can grow their current crop three times a year in that same facility. And how long do you think it will be before they are growing in another facility or expanding current facility, or both?
quote=InvestABCs]Short volume ratio is down YES
Minimal volume with uptick YES
I dont know about everyone else, but when i see massive short interest on a company that has not warranted the megashorts (i.e. something catastrophic or leaps off their bp and financials), this is about as good a signal as you can see....if you know what to look for, you understand this is just tightening that slingshot and loading it for a big release....
This in conjunction with people bragging about a 15% short profit, when max is 100% makes me giddy with excitement!!!
You know what, I am in the mood for some DONburri for lunch....lets go!!!!!!!!!!!!!! [/quote]