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Re: Wonks post# 173

Monday, 02/09/2015 1:58:12 PM

Monday, February 09, 2015 1:58:12 PM

Post# of 86222
Not shorts so much. Just people who bought a lot lower locking in profits and others selling just because the price is going down. Selling begets more selling whenever it happens in these type of stocks. Just as it works in the longs favor on the upside. Earlier this morning people could not get their buy in orders fast enough as it worked it's way up to .38. Now we wait for it to settle down and trade back in a range awaiting the next news or stimulus. Then we should see another bounce to the upside.