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Damn! I go to take a crap, and this pops $10.00.
I guess their right...shit happens!
LOL
I don't like to hold companies like this long-term. But I do have this on my radar.
I'm never sure about anything.
God Morning. I picked this up at $6.98 this morning. Only 5,000 shares though. The Shorts are trying hard to keep this down.
Yes, I agree. The buying pressure has stopped. People are taking their losses. Only direction is down.
I would like to see $20 today...but the Shorts are attacking.
I noticed a change in how they do a SA (Short Attack) since the GME fiasco.
I got sucked in this morning. In and out really quick for a $325 loss.
I got stuck this morning.
I woke up and it was trading at $3.30
Checked back a bit later and it was at $3.45
Bought 2,500 shares at $3.42
The same manipulative trading brings-it down (again).
Sold for a loss at $3.30
I'm staying away from this. Too crazy.
The short-sale volume yesterday is lower than I thought it would be. Which tells me a lot of short sales were not covered. (That's what I think based on the volume traded.)
Will be interesting to see what happens the next 10 days.
But yesterday’s short sales also shows the manipulation that happens when the Shorts gang-up and attack a company.
GRTX total OS is = 13.44 million shares
GRTX Float = 9.91 million shares
Total volume traded (12/14/2021) = 266,766,556
FIRNA Short sale volume = 79,105,468
I didn't hold this overnight also,,,too volatile. And I wake-up and it's trading at $3.40
LOL
I'm playing this right now, in at $3.00 (missed the jump at $2.70). I'm waiting to see if this is going to run again. If not, the next drop to $3.10 and I'm out.
I have been watching the after-hours trades, and I'm starting to get the impression the Insiders are dumping...because they know a private placement is coming. Just a hunch. Only my opinion.
I'm not going to hold this overnight. I feel like something's coming. Could be good or bad.
Good luck with your trades.
My 15 post is maxed for today.I'm out until tomorrow.
Your after-hours hit. Nice call.
So far it's hit $3.32 after hours.
But again...they're shorting this down.
VLON -- Interesting -- I'll keep an eye on that for after hours today.
Also, GRTX just ran to $2.90 at close (I'm rolling my eyes on this).
Thanks for the link.
Stay safe.
The manipulation on this stock today was extreme. They kept allowing this to pop $0.20 cents just to get people back in. The they shorted for a big drop to catch the stop losses.
There should be a law against shorts playing with a company like this.
Ended-up losing $5k on this play. Win some, lose some.
Good luck tomorrow.
Yes, the short attack on this today was massive. I don't know what's going to happen the last hour of trading today. But I'm going to hang-on and see what happens.
That drop down to $2.50 took-out a lot of stop-losses.
I'm about to call it a loss also
That pop to from $2.62 to $2.85 -- watch them short this down to $2.62 again.
It looks like the "criminal enterprise" will sell short another 100 million shares just to keep this under $3.00 today.
But I'm like you...I'm in the red, watching and waiting.
Good luck with you today.
It always amazes me how a low OS company can trade over 200 million shares...and only go up 100%
I'm waiting for this to start running again. But they're shorting this heavily to keep it down.
Looks like the ride is over today.
Shorted down from $3.40 down to $2.88
They're trying very hard to short this down.
If this stays above $3.00 at close -- post market might be a nice play.
They're heavily shorting this today. There will have to be a lot of buying pressure to get this over $4.00 today -- but that's just my opinion.
Doesn't look like it's going to hit $6 today.
There's too many people taking profits, and the shorts are attacking.
Looks like the company is selling shares.
That's just my opinion.
Crazy trading. Shorting hard to keep this down.
Thanks. Good luck with your trades.
I would like to use a broker that would allow me to short companies like this. Who is your broker?
Ended up making a $51.00 profit today. What about you?
You're correct about your analogy. However, that's not what I wrote in my post.
This company's OS on November 9, 2021 was 5,087,574 shares.
The first 4 hours of trading shows a volume of over 170 million.
Over 50% of today's trades are short sales.
Hence the reason why I wrote there should be a law against Shorts attacking a company like this.
There should be a law against Shorts attacking a company like this.
Looks like the run is over.
That sucks. CPIX is dumping shares.
Someone is selling a block of shares premarket.
Thanks for the PM. It's on my watch list.
Damn. I was going to buy back in at $17.00 -- back up to over $19.00