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Ann: New Jersey Officially Legalises Fixed Odds Betting, page-53

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  1. 5,216 Posts.
    lightbulb Created with Sketch. 2760
    Today we fired a shot over the short’s bow!
    A rise like today means they either over quick and make more profit- or suffer like long term holders when it dropped from $1.60 to $1.
    Some we’re on here early claiming- ‘This is already priced in.’ - as what else could they say with today’s news dropping. Really one of the last negatives they could grasp on.
    The smart shorters would have closed out their position early- as once they start closing their shorts and buying they help contribute to the rise- this contributes to a ‘burning of the shorts’ as prices rise and the need to cash in or lose money.

    BECAUSE- this is the first of the news- still lots to come, and the increase in revenue will be like the proverbial ‘snowball’ - bring it on!
 
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