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!
BET Price at posting:
$1.18 Sentiment: Buy Disclosure: Held
