StellaLunaSun
Oct 15, 5:44 PM
$EVH Congratulations to us all!
But it really is fascinating and impressive just how blatantly this share is being manipulated and driven down.
Before the last earnings, the share is put on the watch list and the price plummets. Then, after the earnings, it creeps slowly over 3.5 weeks to
$5.
Then the share price crashes catastrophically, almost back to where it was before the earnings, on the grounds that interest rates are too high and, as the company has so much debt, high interest rates are a nightmare.
Now, with no news whatsoever, the share price is soaring in 10 days!!! Back to
$5 – why? Because the earnings weren’t rubbish last time either. Suddenly, interest rates don’t matter; suddenly, when the short-sellers let go of the button, the share price takes off.
Fundamentally, nothing has changed and interest rates are higher than ever.
I’ve never seen the share price rise so quickly. I reckon it’ll keep rising, but I wouldn’t be surprised by a correction but not to 3 back this time.
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