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Re: Woobagg post# 12635

Friday, 12/05/2014 10:37:12 AM

Friday, December 05, 2014 10:37:12 AM

Post# of 27557
You are seeing gravity at work. Bulls (support) are leaving for the time being, which makes it easier to push down the price and cover. There is nothing confirmed to keep them here at the time. If there isn't anyone to hold the stock up, it will fall under its own weight (selling pressure).

In saying that, with the right catalyst, the stock can gap up tremendously and blow right pass short sellers' stop prices on the cover side. Holders and shorters are taking risks here.
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