Shorting works the same as online trolling, they need to trigger a response (panic selling or emotional response) to get things work in their direction. If it's only shorts themselves selling they can't buy the shares back with a profit. Ture weakness was within the holder base all along, shorts being 20% of trades means they were only the triggers. Would like to see selling at each price level dry up gradually for this situation to improve.
Yup, sentiment is still in the shxtter. Trending down most days + occational big jumps upwards is typical bear market behaviour. But seeing 0.92 with no additional selling at least makes me feel comfortable that there's good support there for now, although can't predict when sp will breakout upwards (when it happends though, will be pretty obvious, but will need to pay higher price for that information). Finally starting to see fundamentals for the last 2Qs start to improve from the pandemic low point. Much beef is just with sp being dog.
HUM Price at posting:
97.5¢ Sentiment: Buy Disclosure: Held
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