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To be fair, @joakimpatron has been consistently bullish, they've...

  1. 37 Posts.
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    To be fair, @joakimpatron has been consistently bullish, they've just occasionally goaded a lower price so they can back up the truck if it does go down further.

    They're saying that there's a double bottom reversal forming on the chart, which would suggest that the SP is preparing to launch up. I'm guessing "player kamikaze at 27c" is someone who's shorted heavily in this range (at 27c?), and would get blown out if the sell wall falls any time soon.

    Meanwhile, small parcels are being sold off during windows of low volume, to try and drive the price down further with the wall up. Those sellers are hoping to have some effect on people that have become nervous in the face of no news while waiting for the 4C announcement, tempting them to give up their shares very cheaply. The deadline for this announcement is the end of the month; in 2 days (the "blackout" ending in 48hrs).

    They're also suggesting that "Steedman" (Freedman) and "his best pal AA" (ZZ, Zhang) would have plenty in the bank after selling a portion of their holdings at $1.50 last year. Enough that they could comfortably buy out the wall and force the short squeeze, sending the SP skyward. In which case the shorters would get BTFO.

    That was oddly fun.

    All IMO. DYOR.
 
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