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Re: LETSWIN2020 post# 1413

Thursday, 12/14/2017 3:45:14 PM

Thursday, December 14, 2017 3:45:14 PM

Post# of 11360
Perhaps you are new to trading? I'm not sure. Anyway, in my experience all stocks dip at some point on Fridays. Tomorrow in particular will be the last day for market makers to collect cheap shares so they will try every trick in the book, to collect shares and take out stop losses too. Anything to also cover their shorts as low as possible.

The reason for this is folks are often selling out on a Friday to take money out their dealing accounts over the weekend or in some cases folks won't hold an open position overnight or over the weekend.

Wait till tomorrow and you might get your price range. You will see that trading pattern on many many stocks, often you will see it even on stocks where the CEO is foolish enough to put good news out on a Friday. You will see the spike then folks will sell into the spike for the same reasons as above.

My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.