Shorts get ready for fire. I think thats true. [ATTACH] Smart...

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milk2china

1,877 Posts.

18/07/16

19:01

Post #: 18300691
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Originally posted by airconditioner ↑

What happens next?

We will continue to get our daily news of the vote count.
This will get us more nervous than a PLS investor and rack up the post count on HC.
Then there will be a slight delay getting the next one. Longer than normal.
Then there will be a trading halt.
Then the merge will be voted through or the DFS will drop.

Then those who sold out to wait it out will buy back in.
Price will spike.
Then the shorts will cover themselves.
Then those who were waiting for this event to invest will buy for the first time.
Then some people will sell the news and profit from the surge and try to get in lower.
Then others will buy - having waiting for that to happen. Price will not go higher.

Then a day or 2 later there will be another trading halt.
Then the merge will be voted through or the DFS will drop.

Then a bunch of bigger investors will buy in having waited for both those things to happen.
Price will spike again.
Then some people will sell the news and profit from the surge.
Then the same bigger investors will buy more - having waited for that to happen.
Price will go higher.

When the smoke clears, Galaxians who had the balls or ovaries to hold through it and/or pick up the bargains will be smiling ear to ear, having done better than the vast majority of those who nervously sold their shares and thought they could time re-entry (along with all the others).

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Shorts get ready for fire.
I think thats true.

Smart shorts!
They know the timing lol.

Now give them salt of life.

GXY Price at posting: 47.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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Shorts get ready for fire. I think thats true. [ATTACH] Smart...

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