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Re: PeteArjean post# 2307

Thursday, 09/11/2014 12:59:29 PM

Thursday, September 11, 2014 12:59:29 PM

Post# of 118416
Oh O.K., so the short term and day traders who bought yesterday and today in the .30 range are selling us down the river to the .23 range and losing on all their trades? Yep, makes sense to me. I think it may be more like some longs with large holdings are selling tens of thousands into the bid to drop the price and buy back on the cheap. That would make more sense to me than your explanation. I probably would do the same had I had 300-400 thousand shares of this 20 million float. It doesn't take a lot of selling to drop this with the weak bids we are seeing today.


GL, PokerStar