Post by
Abass71 on May 06, 2021 10:23am
it's hard to watch but don't panic
Nobody with half a brain is selling right now.
Because of the new shorting rules it's extremely expensive to short large caps.
These small guys are targets.
The whole small cap market is taking a hit today.
But guess what - the shorts will have to cover at some point.
Comment by
ScarletSpider on May 06, 2021 10:46am
panic no. Annoyance at what should be proper share prices the company has worked hard and right earned and deserves yes. That said nothing new here. As it rose from one tenth and even less to where it has and fell from it will get back up and be multiples. Time will prove this and all else noise left behind unheard at these levels.
Comment by
Enrique on May 06, 2021 11:29am
That coupled with total lack of execution and persistent communication from management, clearly the market is fed up with that. I agree it is likely being shorted more (that wall at 58 is proof of that) and as I said I will be looking to at least trade some shares around 50 cents.