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Re: undtrdr post# 506

Thursday, 02/25/2016 1:20:00 PM

Thursday, February 25, 2016 1:20:00 PM

Post# of 986
The more I watch L2 the past couple of days I am thinking there is more than shorting going on ... although I see the double prints going again today to support that theory
But in addition to shorts somebody (or several) with a large position is working on averaging down imo
Could possibly see teens unless the company can stem this tide with some kind of substantial news .... in part the price direction here will depend on the broader markets which are currently aiding the cause to walk this down
Plus the chart looks like crap death cross on the moving averages may also take a toll on pps
Setting some GTC's in the teens today in case we dip again like it did Feb 2 intraday low was .185

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