Last thing holders want to hear is more water to flow... STX Big sellers hitting bids, volume starting to double up each day now I reckon today alone easy 6M shares were short Leaving no buyers. Where the buyers at? I'll be a buyer! Albeit, my price is 17.5c for a small nibble, Then 15.5c gap fill, and will try to sell into a spike before getting trapped into a financing. On that note, I may aswell not build a position. I'll just DipBuy the panics and flip for half a cent to 1.5c until this drops to the Gap and more info is provided about financing and the terms because right now there's just A LOT of whispers and for whispers, it's quite loud!
Sorry to hear that! Come and join the dark side pal! Can make back some decent losses as there is still plenty downside now that every past 20c buyer is now becoming a 20c seller. 19.5c also got hit today with volume at the close. It is purely institutionally controlled now and PANIC SELLS despite the most beautiful technical tells me more positions are STILL being loaded. The greed of these Insto's in accumulating half the float short is just incredible (metaphor is to draw emphasis on how much supply has sold short into Buyers who cannot take profits and are too in the red to want to cut a loss, so market makers capitalise
I love how analysing a stock chart and price is far less work, far easier, far consistent and LESS of a GAMBLE than trying to "predict" and "value" what something (an asset) is worth. And they say us tea leaf readers are the ones gambling. Charts already HAVE the pricing and figures there. Nothing needs to be guessed, just a plan is needed!
Fundamentals here are now pointless and to be completely scrapped. Price Action is King, if nobody heard. Just like they say CASH is King. Same Same
I may have accidentally shorted some stock into your Buy Order. Congratulations on the fill @Azzif hopefully the 3 years of patience will pay off for you and not leave another bad impression. Bravo on moving from the past and not letting positive/negative experiences stop you from your plan!
Best analysis so far goes to you @J L I mean it! My way of viewing who has skills and who doesn't goes completely the opposite of Hotcopper Hotcopper follows the MOST amounts of likes on a post. They view # of likes as Factual and Informed
Hotcopper views Contrarians and Truthers with the least amount of likes, and Hotcopper Mob attacks these folk. These comments IMO are far more credible than the Kumbaya Group Bias that is evident in every Forum Thread. What price targets would you have in mind for future raising/share price??
From your experience of Capital Raisings, what would you speculate/guestimate STX Management do here to further look after the Shareholders by gifting them with Dilution?
STX Price at posting:
19.5¢ Sentiment: Sell Disclosure: Not Held
Sorry to hear that! Come and join the dark side pal! Can make back some decent losses as there is still plenty downside now that every past 20c buyer is now becoming a 20c seller. 19.5c also got hit today with volume at the close. It is purely institutionally controlled now and PANIC SELLS despite the most beautiful technical tells me more positions are STILL being loaded. The greed of these Insto's in accumulating half the float short is just incredible (metaphor is to draw emphasis on how much supply has sold short into Buyers who cannot take profits and are too in the red to want to cut a loss, so market makers capitalisehopefully the 3 years of patience will pay off for you and not leave another bad impression. Bravo on moving from the past and not letting positive/negative experiences stop you from your plan!
Best analysis so far goes to you @J L I mean it!
(20min delay)