Post by
supersceptic on Sep 26, 2017 10:29am
Short schedule
Shorts seems to attack SNL in pattern, each 1st and 16th day of the month.
Last attack was Sept. 18 (Monday, Sept. 16 - Sat) and previous non-16th (July) is the same (July 16 Sunday, so shorts gang up on Monday July 17th).
Remarkably, my other Li holding has EXACTLY THE SAME pattern. NLC is established developer and actually keep generating positive news. So shorts could not halt NLC's s/p growth, just slowed it down.
Exactly the same pattern is for SNL's twin - LBY. Same for LAC
This pattern is actually reassuring The decline in SNL shares does not link to any negative news (leaks). It is combination - absence of positive news or any re-assurance (except for density result, that gives us 1% better chance) keeping SNL away from broad Li rally over that happened over last 2 weeks and pressure from shorts (again there is nothing to counter them)
Judging by pattern. SNL shares will go up on Wed. and Thusday
Comment by
DrWealth on Sep 26, 2017 11:07am
Good post!!! I noticed the same trend...i agree downfall not warranted....put stop loses after wednesday ..9 or 10 cents.. should nt go below 11.5 until news comes.. to risky for shorts after wednesday
Comment by
bobyback on Sep 26, 2017 11:31am
NIce post! But i dont think they are brave enought to drop the shares at 0.115$... loll If the result are out tomorrow it could be epic lol