Tuesday, October 17, 2017 9:40:01 AM
I think traders should be able to offer some insights on the "upward" pressure on DECN.
You guys see these trends all the time...certain market markers are funnels for selling stock,others for playing both sides,etc...
There seemingly are patterns.
It's no secret that There is a ton of stock waiting to be unloaded...and I'm sure some is being liquidated on this rise. But it's not being "dumped"...and for whatever reason,there is buying pressure.
The rise from a nickel to here is impressive.
But it may also be someone priming the pump....get DECN on "riser" or "blast off" boards,volume spike watch lists,etc...
It could be all kinds of things.
But what's troubling is it isn't from "whats known".
From Business operating performance,from profitability,from product acceptance news,etc....
So it's speculation...and that has never been a good recipe for DECN's stock price,except for flippers.
Scoop
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