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Sunday, May 25, 2014 1:08:24 PM
Actually there was NO dumpage last week.. Not in a P&D sense anyway...
It was the people who were still holding from the 2/21/2014 rally 0.0004 where 239,069,056 shares were traded. Some have presumed that this was the time when there was some front loading going on but it is hard to believe that anyone would have been front loading during this period. That's just not how front loading works. The object is to buy low and sell high.
I have empathy for those who bought the Feb 21 rally and sold this week when they could have probably sold this week at 2 to 3X what they bought at even if they bought it at the .0004 high
imo
My Trading Philosophy
Remove One
• Big Winner • Small Winner • Small Loser • Big Loser
• Opinions expressed by me are my own and are not recommendations or suggestions to buy or sell any stocks
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