Little Sparrow OP : Based on trending, once there is a significant drop, the momentum will carry through

Little Sparrow OP Dragon Fish : Yeah… There’s not much to be gained through shorting when prices are low… Even when fundamentals are bad, it does seem like 4.3 is the current stable support. Prices will have to rise somewhat before substantial shorting begins.

Little Sparrow OP 103027647 : What if you buy low and it falls lower? Haha

Little Sparrow OP : Seems like the long was a good call ~

Little Sparrow OP : Well, just now I tried to short on moo moo but it said there’s no more shares available for shorting. Now on IBKR there’s only 1000+ shares available for shorting… If everyone is shorting but prices are not plummeting that much, then wouldn’t a short squeeze be awaiting?

Little Sparrow OP Icalus : Haha… Anyway, I’ve set my target entry price.. if it hits, I’ll be taking a long position.

Little Sparrow OP bullbearnme : Maybe wait until it’s 5, then see how…

Little Sparrow OP Redeem 106 : Just like a little sparrow, I’m also quite a coward, so I’m taking profits first

Little Sparrow OP Redeem 106 : Indeed, the downtrend seems to be continuing.. Let’s try to enter again..

Little Sparrow OP : Fundamentals are poor, yes. But when it is going up, do we take a risk and ride the momentum? Haha

Little Sparrow OP Little Sparrow OP : If I had bought in since last Friday, with the confirmation of (short-term?) upward trend, it would have been a small profit by now

Little Sparrow OP spiebit : Haha, or it could be too late to dream about riding the bull.. This could be a bull trap, waiting for buy in before a plunge again!

Little Sparrow OP : I have a feeling it will fly.. there were some signs of it flying ytd, but the price action wasn’t strong enough