Re: Anyone got a defibrillator?
in response to
by
posted on
May 18, 2017 06:24PM
You're working my side of the street DND, I'm the one who is constantly spewing inane analogies :-) 1,100 trading is almost like a hush falling over the audience just before the curtain goes up....Here's hoping anyway, and here's hoping its a good show and not one that opens and closes on the same night.
When all is said and done I like to go back to the chart and to the nuts of bolts of the stock itself....the trading. With speculative stocks like this one there's a lot of noise, even when there's little to zero atual trading going on.
I'll check on short interest over the weekend, but this is the one aspect that doesn't compute for me. That 250 odd thousand that were short up to the most recent update of April 30th....If that's a bear bet on failure, its incredibly timid...in my experience real bears aren't timid, they're quiet and bold. If there really were some players confident that things aren't going to work out here, I would expect to see 10 million or more shares on the short side, not an anemic 250K.
My biggest question right now revolves around finances....I don't care how much juggling they're doing, or how closely they're watching every nickle and dime....I want to know how they're paying the bills and meeting payroll.