Post by
flamingogold on Nov 21, 2024 10:02am
Selloff was a setup
The stock did not deserve to drop into the $80's. The stock does not deserve to be in the $90's. The selloff was a setup for institutions to scoop up shares from weak hands. Sorry to those that fell for it and are now looking at paying more to get back in. The trend is all that matters here. It remains up. The rest is noise.
Comment by
Letsmakemoredol on Nov 21, 2024 10:45am
There is no reason to have weak hands with this stock because I believe in management, their guidance and the fundamentals. For me I love when it pulls back, easy to grab some shares for a quick flip. Should be a very nice Christmas for a lot of people
Comment by
Nordico on Nov 21, 2024 2:04pm
It's funny how predictable the institutional shorts are with the periodic takedowns of the stock - clearing out scores retail investors who have no idea what's going on - and subsequent covering/switch to long side.