The way I look at it, we are all early birds here - some of us just happens to be a bit earlier than others
Yeah sure, nothing is guaranteed, but heck everything is pointing to an approval and it's up to each investor/ potential investor to either believe that or not.
Shhhhhh I'm gonna tell you a secret - I choose to believe
As much as I enjoy discussing the daily movements of the SP, I'm a LTSH.
I make my daily guesses just for fun whilst waiting for Mesoblast to progress, but I don't find the constant need to be right - as long as the squiggly line goes upwards from left to right
My sentiments on the importance of the Ryoncil approval is here https://hotcopper.com.au/posts/47651361/single
I've been watching the shorters, and yesterday (Daily Gross Short Sales reported for 29-Sep-2020) there were 3,770,412 new short positions - should we be scared?
Absolutely not - this to me is simply a churn of older short positions (lower SP) with newer short positions (current SP) - yep, good business
Hence, the fierce trading yesterday and it's likely to continue today...
The SP is bouncing around a bit but holding up quite nicely, amongst a deep sea of red on the ASX.
If the US futures behaves, then I would think that FOMO will kick in soon, as the lunchtime lull is almost over now!
And with the Ryoncil approval - the sharts days are numbered
Keep the faith - HODL is easier said than done!
https://microcapclub.com/2014/08/the-conviction-to-hold/
https://realmoney.thestreet.com/articles/03/21/2015/it-takes-conviction-hold-winners
BTW - please don't feed the trolls
Daily Gross Short Sales https://www.asx.com.au/data/shortsell.txt which is quite different to aggregate short sales https://www.shortman.com.au/stock?q=msb
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