I here you. I also have been trading well over 20 years now. I do understand what i am doing. NCM is currently one of my best shorting opportunities on the market. Based on my value metrics and charts. I still see this going closer to $2 in time. Could i be wrong this time. Anything is possible. Will i hold this stock and never close out if i am wrong. No i would not. I do have contingencies in place if i am wrong. Regardless of what happens in the short term. Either way it is still only worth a few dollars at most. And in time its share price will catch up with its true value. I will continue to monitor and will keep shorting the rallies. Since it is volatile it can have wild daily swings. This can give the false impression that It is going back up. But it is just an opportunity to take advantage and go short. Not to forget I have been shorting this stock since it was around the $40 mark. I do have some idea of what I am saying and doing.
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