It's so frustrating watching this all play out so slowly. feels as if shorter would almost need to know something we don't to confidently place short bets on a stock like this when preliminary results on burns could supposedly appear at any time. I've never seen such an "apparently" high risk scenario if they are truly gambling on no news or bad news. Surely the potential winnings are only max $1 per share but losses on good news could be astrinomical?? Now we get to watch the slow motion check of $1 for resistance, and if the resistance holds then off we go to close the gap and make shorter happy. come on Rce, release some initial data and blast that shorter boat right out of the water.
RCE Price at posting:
90.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)