The chart clearly shows the stock is being shorted!!
This being the case, then to me it simply evidences where the professional money is being placed.
Contrary to some posts by other FGE "lovers" I do not have a short position in FGE rather, the posts I make are intended to offer an opinion from a neutral perspective.
The majority of holders will naturally try to "ramp" the stock - otherwise they would not still be holding the stock in a declining market. Their downfall is that in doing so they are (still) trying to convince both themselves and other prospective buyers they are right with their views.
With 15 years of HC membership under my belt I have (sadly seen the FGE scenario played out far too often in the past. Only to end in tears!!
FGE Price at posting:
98.0¢ Sentiment: Sell Disclosure: Not Held
