InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,718.57
(
0.28%
)
US TECH 100
19,318.40
(
0.11%
)
Dow Jones
42,124.65
(
0.15%
)
Brent Oil
73.49
(
-0.54%
)
Bitcoin
63,393.08
(
-0.36%
)
Post# of 158400
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

PokerStar

Send PM Follow Ignore
Followers 267
Posts 9972
Boards Moderated 1
Alias Born 06/27/2009

PokerStar

Re: stockchaser64 post# 139787

Tuesday, 07/22/2014 4:14:05 PM

Tuesday, July 22, 2014 4:14:05 PM

Post# of 158400
The volume is ridiculously low for a stock with 3 billion outstanding shares to be taken down 10% in one trading session. Most stocks in this price range would need volume of 40-50 million to drop 10%. This should be an eye opener for all longs that this is a concerted effort by a small group of traders, probably selling off 50% of their holdings to take the price down, then rebuy at the lower price. I would be worried if we traded 100 million shares and we dropped 10%, but only 8-15 million is really just a joke. Know what you own. GO BMSN.

PokerStar
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up