Can't be held down for long

[stpioc]

This too will pass, people. No worries here, the fundamentals haven't changed all of a sudden, unfortunately these things happen to small stocks that had a terrific run, there will always be corrections from time to time at which shady people come out of the woodwork trying to panic weak hands. Don't fall for it.

[Coach24]

This rollercoaster is sure more fun on the way up than the way down. Hopefully not too much more down before rising again.

[admin]

Welcome aboard Coach24!

Yes, it is more fun going up, no doubt about it, however, there are two things at play here:

• Some profit taking or simply even buyer exhaustion after a tremendous rally on very high volume was always in the cards after going up from $1.5 in December to nearly $6 a couple of days ago, almost in a straight line.
  
• The short count is still something like 10% of the float, they pounce on these opportunities and come out of the woodworks to shake shares out of weak hands with a lot of scare mongering, innuendo, working on people's emotions. 
  

This too will pass, unless you need your money tomorrow or next week I wouldn't really worry about it.

[Coach24]

Welcome aboard Coach24!

Yes, it is more fun going up, no doubt about it, however, there are two things at play here:

• Some profit taking or simply even buyer exhaustion after a tremendous rally on very high volume was always in the cards after going up from $1.5 in December to nearly $6 a couple of days ago, almost in a straight line.
  
• The short count is still something like 10% of the float, they pounce on these opportunities and come out of the woodworks to shake shares out of weak hands with a lot of scare mongering, innuendo, working on people's emotions. 
  

This too will pass, unless you need your money tomorrow or next week I wouldn't really worry about it.

Thanks I'm long TEUM. I probably would consider buying some more at this price but I already have too much in this one company. Probably a lot of people in the same boat as I think this could be big. Just need a few more earnings reports for more people to discover the companies potential.

[stpioc]

People should realize that there is no reason to panic whatsoever.

The accumulated backlog (which still keeps accumulating) gives near perfect foresight on coming revenues. Mrebs even put all the contracts in a spreadsheet, with different conversion rates. This visibility should be greatly appreciated by investors and over time it's one reason why the stock is likely to get a higher valuation multiple.

But then the shorts say these contracts are fake, because they didn't publish names of contract partners. Well, Admin dealt with that "argument" here.

So people should relax, as difficult as that might seem.

[admin]

Yes, they simply have to concentrate growing the business and converting the backlog and things will turn out well. Have we forgotten the enormous rally on volume several times the average (although as a result, that average itself has now doubled)? 

That is, there was a wall of money taking the stock much higher, from time to time that gets interrupted.

But the stock is still really reasonably priced at 4x sales.

[admin]

Just passed volume of 1,327,400 for the day, 30,000,000 for the week so far. It's all good ;those that want out are getting out,and those that want in are getting in very efficiently.

That is actually a great way to look at it, Mike.

[admin]

Shorts are trying to cap the rise but they can't hold this down forever, in fact their efforts provide an opportunity for those that still want to get in..

[mikeyf]

Something similar happened during the October to December selloff. Pareteum's contracts and other miscellaneous PR's were 100% positive... the only negative was bearish traders spreading fear and doubt. I'm seeing a similar thing happen today during this recent selloff. People get emotional with their money, so you have to ignore the noise.

The fundamentals are solid and the leadership knows what they are doing. Keep buying those shares fellas. 2019 is the big turnaround, 2020 will be the big run-up, 2021 will be the year of the 10-bagger.

[admin]

Something similar happened during the October to December selloff. Pareteum's contracts and other miscellaneous PR's were 100% positive... the only negative was bearish traders spreading fear and doubt. I'm seeing a similar thing happen today during this recent selloff. People get emotional with their money, so you have to ignore the noise.

The fundamentals are solid and the leadership knows what they are doing. Keep buying those shares fellas. 2019 is the big turnaround, 2020 will be the big run-up, 2021 will be the year of the 10-bagger.

Yes, they can hold it back for a while, but not forever as we experienced from December. Ultimately the fundamentals get the upper hand and the sellers will be overwhelmed by buying volume. Look at the rally from mid December, it was on absolutely massive volume. 

This will happen again as:

• The shares are still anything but expensive
  
• The fundamentals keep improving with every new big deal like the last two
  

You can try to trade this, but be aware that one day this thing is going to run away and you might be caught. I simply treat the volatility as noise, I'm much more interested in the stock price next year as opposed to next day or even next week.