SRXH rollercoaster 🎢 to EMJX!
TLDR: Those that can afford to hold, HODL ! Those that can’t afford to lose what they got, take your win 💵 on the next leg up. Don’t chase 🏃♂️ this when it starts to run! Whats happening now is just market mechanics!
All right you regards! Yesterday was interesting volume and price movement. Ran up .16 at close, up to .17 ah, and up to .18 overnight. Just to open and drive down to below yesterday’s open.
Just a reminder 🔔 to all regards, only bet what you can afford to lose! Don’t forget this is a CASINO! 🎰
While many that are holding hundreds of thousands of shares and a few holding millions. There are no guarantees!
Now with that said. This 💩 is just getting started! The rollercoaster 🎢 line is getting packed. Just like Disneyland Matterhorn line. People will mad rush the line to get on fast so they don’t have to wait. Some will just get out of line due to fatigue in waiting for the ride.
Others will buy access to skip the line and will get ahead of everyone else to ride and get off. That’s the best analogy I can explain, lol!
Also, now let’s get really paranoid! Do you really know how markets work? I don’t, either! If I did I’d be doing what I’m about to explain.
Short to accumulate: Microcap stocks are easy to manipulate when there is no volume. If you have the resources. There has been 10,000,000 shares to borrow on a CTB hovering around 4%.
Say for instance you wanted to accumulate a million or more shares with little risk and cost. You have a nice portfolio and have a nice margin account.
You can go pay a fee to borrow those shares! You can go sell them as the price goes up or sell them cheap to drive the price down. When volume dries up you start downward pressure by selling low on purpose. This is called short selling. You hope to drive the price down and get others to sell or hit their stop losses (also known as stop loss hunting). When it gets low enough, you start buying on the low . You buy not only the amount you borrowed to return but you buy even more to accumulate or to short some more on the next leg up. You might even drive the price up so you can dump the extra shares you accumulated for even more 💰! You pay the small interest and fee for borrowing shares that you never really owned and sold and return the shares you borrowed and pocket the difference.
You can either continue to do this as long as you don’t get caught in a run up. Or you can take the gains you made and buy in for the long term hold. Yes there was risk. But, if you were successful now you have extra capital to do what you want with. Like buy shares and hold for the run up. Short selling to accumulate and hold for the long term bag of 💰or just take the money and run on to your next short play!
I don’t do this! I do not have the capital or willing to risk the infinite loss of the other side of that trade!
Just saying there are those out there that are doing just this. So, if you believe in the trade. Hang on for the ride! I know I am trying to just hold on. It’s hard to do!
Anyways, this is for those that are watching this from the sideline and those that have jumped in head first! Also those that are holding from previous runups!
🥂 cheers and good luck 🍀 in Whateverz you choose to do! This rollercoaster 🎢 line is getting packed and the ride is going to have quick up and downs. Be ready! Cause when this launches it will become a 🚀 from a rollercoaster 🎢! At least I hope!!!🤞 peace ✌️ out! Audi 5000, GGGG!
Stay frosty and watch your six!