Post by
FreddieSanford on Feb 25, 2021 10:48am
Let's assess Sentient's crossed out paper.
Sentient wasn't going to buy more paper so no positive impact in the market and they were likely to sell into the open market on any strength ............ so a huge headwind.
Sentient was taken out ....... that headwind gone.
Ok ......... so the paper is put into other hands in a crossing episode ........ GREAT.
Now what?
Do those now cheaply papered up buyers continue to buy in the open market or do they wait for Clark to do something that will make other participants come into the open market and drive the price up?
The answer is likely ......... lots of cheaply papered up people/entities out there waiting on Clark to do something ........ so the crossing of Sentient paper ........ while good to prevent a sell in market (headwind) ........ DOES NOTHING IN ITSELF to drive further share appreciation.
Comment by
killr on Feb 25, 2021 11:28am
Chill Freddie.....maybe reread my joke with the 2 bulls standing on the hilltop...lol!