On August 16, $ALPINE 8, Xiao Yan will chat with everyone here about why I am so optimistic about shorting Alpine. Recently, friends who have been paying attention to this coin will definitely find this helpful after reading.
Want to know whether to short ALPINE? Let's discuss the distribution of stocks in everyone's hands, which might make it clearer.
Currently, ALPINE's stocks are like scattered sesame seeds, with no major institutions holding a bunch of chips, most are in the hands of small retail investors. Just think about it, it's hard for retail investors to unify their thoughts; once there's a little disturbance, they panic and easily follow the trend to sell, and the stock price will definitely struggle to stay stable, and when it drops, it might not find a bottom.
Let's also talk about those friends who are stuck at high positions; many are probably still hoping to break free. When the stock price just starts to climb a bit, these trapped people see hope and are likely to rush to sell to stop losses. In this way, it's too difficult for the stock price to rise, and the possibility of it falling instead is even greater.
Moreover, the stock trading isn't very active; if any bad news comes out, like competitors stealing business or the company's earnings not meeting expectations, the stocks in hand might not be easy to sell. Everyone wants to sell, but not many want to buy; how can the stock price not drop?
Also, this company doesn't have a particularly strong major shareholder supporting it, which may lead to lower efficiency. Recently, some large institutions have been quietly selling stocks; they are well-informed, and this action indicates they also think things aren’t looking good. Once they sell, the number of stocks in the market increases, making it even harder for the stock price to hold up.
That's all for today's sharing about Alpine. Xiao couldn’t help but say a few more words: in every industry, how can one operate without firsthand market information? Just when I need fans, you need money 💰, follow Xiao Yan, and you won't miss out on the path to wealth every day! I will also announce the daily secret codes in the battle team! Don’t want to be left behind, keep up! #美联储取消创新活动监管计划 #中国投资者涌向印尼 #美国7月PPI年率高于预期 #币安钱包TGE #加密市场回调