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Trying to cut through the euphoria that all the true believers...

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    Trying to cut through the euphoria that all the true believers here have, you would have to agree that a four day trading halt is going to attract day traders like flies to a dead rat.

    They don't care what the product is or what future the company has. They just want activity, so when there is a trading halt they set their watches to be there when the halt is lifted to surf the tide of euphoria and FOMO and then dump for margin at the end of the day. Some are very good at it and I'll bet there is software that allows them to maximise the daily harvest.

    So while I am personally pleased for the announcement and what it actually means I was not surprised. I am now highly skilled at getting used to disappointment. BUT 'up' is 'up' and I have time Today was mild and sunny with a light wind and a 100% chance of wine.
    Last edited by LocksmithTrader: 07/09/15
 
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