Carrying on about shorting at 2.60/2.50/2.40 levels is hardly runs on the board imo. Some deeper commentary about timeframes, risk and exit strategies for those types of very short term trades from these levels may have provided some credibility, otherwise it simply flies in the face of where we are ultimately headed, especially when fundamentals are brought into the discussion as some type of apparent sound reasoning for the company to be losing value.
I mean, really, we are headed downwards because we are moving downwards is hardly justifiable reasoning. Short big at 2.38 I think was the call recently. Really? With serious news on the horizon, that would be incredibly risky imo, even with tight stops in place - a TH and big gap up would end in tears.
I guess I just don't like the lack of justification or analysis that accompanies those types of calls. They may and up being right, sure, but without any substance many see it as a wild guess, ramping, baiting or similar.. Understandable imo.
Anyway, we're all guessing based on the plethora of info out there, combined with our cognitive biases and hopes and dreams, so let's see how it unfolds....
It's way way way too easy in hindsight.
...and the Sharks messing with the flow doesn't help one bit either..
Good luck!
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