That’s exactly what is happening with that piece of crap. Stupids short it and it continues to trade way above its fundamental value.
The Nasdaq is now back at the highs. Idiot specs, who are only semi-conscious, are saying to themselves, I’m pressing my bet here at the ‘double top’ — these stocks are way overvalued — they can’t possibly go higher.
Then they wake up tomorrow and stocks are higher because of them — then they cover send stocks even higher.
I think once the highs have been exceeded techs will top because the idiots specs won’t know what to think other than ‘I guess it’s a bull’. I don’t know what happens after that in terms of how much stocks will go down, but then I don’t worry about that.
I just do the opposite of the idiot consensus.
Cheers