1 person knows when the bottom is/will be. 1 person is laughing his head iff he he coukd care to read posts like "this is it", or buy the dip". How many posters have said "Buy the dip" and then yep, it keeps dipping to $8.32 yesterday. Dog of a stock is NextDC. Short position is now iver 7% and rising.
That one person is the the lack lustre CEO who sells his shares in the $13's, abandoning his shareholders and since that day the SP has gone from $13.57 that day and down ever to $8.77 today.
He earns over "3.65m a year regardless what sharehders say or do on HC or any other media form. He doesn't care about Shareholders. Would you care if you made that sort of coin.
Yep, he earns $10k a day, $70k a week while we all debate/anticipate dips and bottoms, regardless.
Ask yourself this, when was the last time Scroggie bought shares in NextDC. NEVER.
What does this mean? It means he has no confidence in his company, is not buying the dips and more importantly means the SP HAS NOT BOTTOMED.
NXT Price at posting:
$8.77 Sentiment: Sell Disclosure: Not Held
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