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31/08/16
09:20
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Originally posted by Lies&damnlies
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Hi Ambi
I understand your frustration. In much earlier post I wrote about how the shorter's kept the TFC price down. Even with good results they have to much power.
Over the last 3 days the volumes have been huge at 1.76 followed by 1.60 and then 1.58.
They are trying and will most likely to succeed triggering stop loss situations.
My idea is for the retail holders to pick up the scap's offer t below $1.50 to $1.45 and maybe below that.
My second idea is that insto's don't let them to pick up 2-4 million shares at very low prices.
Their whole dynamic is to flood the market at high prices and buy back equivalent volumes at low prices.
If the volumes at lower prices don't materialise the shorter's will need to come into the market to cover themselves and the price of shares will appreciate.
Truthfully it's unlikely to happen but one can hope.
PS Lies TFC rules to everyone over the next 2 weeks no sales at any significant volume.
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Yes Lies, I was referring to your previous post that was quite prophetic. Will remember for next time! If I had the accumulation funds presently, I'd most certainly drive the SP up and up and up, dragging those shorters down, down, down.