GREY:EPWCF - Post by User
Comment by
Smokey1958on Jun 02, 2021 12:18pm
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Post# 33311117
RE:RE:more buys
RE:RE:more buys Like your comment on financials this one stretches the realm of possibility. While one strategy in investing is to do as you have intimated there are multiple variations in the reasons behind buying and selling whether as a day trader or in holding long. It matters not the strategy ....provided it is both successful and carried out with some sense of genuine intent.
Many involved in shorting stocks whether large hedge funds or day traders have a vested interest in creating an environment of doubt and uncertainty regardless of fundamentals. The same holds true for Empower at the moment. The fact that financials have been significantly delayed for the second year in a row, while troublesome, has NOTHING to do with fundamentals ....although it clearly provides fodder for creating the illusion that somehow Steve isn't in control.
In both these situations reality is skewed by disingenuous intent and false narrative.
Should someone sell part of a position that has increased by 300% to 1000%, of course. But if their belief is that the company will one day offer an even more substantial reward ....who is anyone of us to suggest that's a flawed strategy particularly if the fundamentals lead to that conclusion.
CBDT is just fine. Should it rise to $3.00 to $5.00 per share over the next year, yes. All the fundamentals point in that direction. Will it is anyone's guess .....because the rules on these exchanges are so weak, or in the case of shorting, non-existent, .....it's impossible to predict.
OneTime123 wrote: Nothing to proud about if you did not sell any shares $2+. But if that makes you feel better go ahead.