Wednesday, October 18, 2017 5:13:35 PM
A margin call can only happen if someone is on margin. And that means a marginable stock, which this is not. So if they had a call, they could sell the stock that they had the margin on, instead of this one. I don't think they would have chosen this one. YOU never know though. there are many many reasons why people sell stocks. Someone sold big today, and we don't know why. All we can do is think of the company and wheher we think it is a good buy here or a sell here, and then that should decide what we do for ourselves. At .01, I was NOT a buyer. i didn't think (and don't think) we had a short term catalyst to move it up, and I already own shares, so I was not buying. But when it dipped as much as it did, I then WAS a buyer. Because at THOSE prices, I felt it was a good deal. And I am sitting on a little profit on those shares, thanks to the dip. Still big losses overall, but those shares at least dropped my average some, and are on a small profit.
If it dips again, I'd buy again. If it stays here or goes up, I'll hold. If it goes up a lot, I'm a seller. Price determines whether it is valued, overvalued, or undervalued. I thought today for a few minutes it was undervalued. SO did a lot of other people!
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