TSX:HOT.DB.V - Post by User
Comment by
flamingogoldon Sep 13, 2023 6:48pm
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Post# 35634965
RE:RE:RE:RE:flamingogold
RE:RE:RE:RE:flamingogoldcorrection... There will
not be a distribution cut
flamingogold wrote: Good analysis, I'll agree with that. The only thing is shorts won't get my shares because I don't use stop losses, they always get taken out in seconds on a big downdraft day. Second, fear/emotion doesn't rule my trading. Third, I buy in tranches... my next buy is $1.28 if it gets there. The price is where it is now because of retail painc. This is not going to 0. There will there be a distribution cut. I can wait. It will turn.
borne2run wrote: And the Shorts are right.
I don't short stocks, will use option strategies, no options on AHIP.
Q2 earnings were released August 8th.
Stock traded sideways for about a week.
When price dropped below the 2023 low ($2.30) mid August, the shorts went to work, building their positions during the week before Labor Day.
Push the stock price below $2 and the stop loss (take loss) orders wipe out the retail bagholders.
So far, this is just an equity phenomenon. Debenture holders don't seem to be concerned as the debentures continue to trade in the $83 - $85 range.