Post by
NeotraderQC on Apr 09, 2021 12:00pm
Shorties coming out of the woodwork
Its Friday, they worked hard with very little retail to bring the price back down naked shorting the stock, and its Friday, so they want you to know how important it is to sell now and save what money you can so they can buy your chares and cover before close. Mondays always the day before mkt. open that IP likes to release news, and they know this and don't want to get caught. Hang tight longs, blue skies ahead. We are only getting started here. Soon we will be testing the $0.70 range. My 2 cents.
Comment by
TheTexan on Apr 09, 2021 12:06pm
Your two cents right now will mean everything if you can slow folks down to take a breath and use recent history to help guide a position. Excellent post. ( and just in time ) Tex
Comment by
pystocker on Apr 09, 2021 12:19pm
Sure, it's possible it'll be $1. But, it won't take too long to get back to 0.1. Sheldon will not hesitate to dump it, you do what the hell you want. He did it once with IP last year... Fool me once blame on you, fool me twice..
Comment by
pystocker on Apr 09, 2021 12:38pm
Of course he's buying at 0.3.. he is pumping it. He is doing with small percenage of money that he made from IP. Play with money you are ready to lose. If you entered when it was under 10 cents you are fine, and that is different story. Otherwise, stop loss is your big brother. (I'm not talking in general just lpqid and ip).
Comment by
NeotraderQC on Apr 09, 2021 12:48pm
I rarely use stop losses on stocks that trade on the CSE - Its too easy to see the orders and trigger the stops by manipulating the trades using layering techniques - Can't do that as easily on the TSX without getting popped, but the CSE is a different story. I am fine, I am holding this position and will trade in and out when the opprotunity arises. Good luck have a great weekend.
Comment by
TheTexan on Apr 09, 2021 12:47pm
I hope to meet you on The Fantail of ( your ) Yacht for Cocktails. Until then everybody!!! Happy Hour Friday starts now! Tex Do not let the big bad bear storyteller ruin your weekend, let us ruin the big bad bear.
Comment by
Smiles62 on Apr 09, 2021 12:57pm
I bet you he is interested in that 200K @ 0.42. :)
Comment by
Smiles62 on Apr 09, 2021 1:51pm
Oh ho, another 100K at 0.41
Comment by
Smiles62 on Apr 09, 2021 3:37pm
Hard to get green days when the millionnaire sells. If he cashed in another 300K, he would have made at least $160K cash, along with yesterday's 500K. When I make $2K profits I'm called.... Wonder what these same people will call SI? :)
Comment by
Smiles62 on Apr 09, 2021 3:50pm
Correction: he will have made over $400K in profit with 800K exercised !
Comment by
Yo_Dog on Apr 09, 2021 4:06pm
Smiles I see the exercise, but so far there are no filings of selling. Not sure why SI would exercise to sell when he has a large position. Baffling. That said, end of day push down didn't happen. Maybe we are at a bottom ....
Comment by
Smiles62 on Apr 09, 2021 4:53pm
Also my feeling, bottom. BTW, remember how hundred of thousands traded at 0.55 last Friday, someone had to be selling there, yes lots of buying but also lots of selling. I imagine we will soon see a filing.
Comment by
TheTexan on Apr 09, 2021 4:09pm
He is called Chairman of The Board. He brings business into The Enterprise. He is good, right, and lucky. Nice to have around in a pinch.