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Alias Born | 04/04/2014 |
Tuesday, May 26, 2015 10:00:57 AM
Volume requires interest, where interest contains a plethora of metrics, the basic idea is valuation in short term gains. Not shorting as in buying betting for PPS to fall, but day trading or swinging a ticker for profit.
Point is this thing has been out of play almost exclusively. Not reasonable for buying pressure during a year plus long drop into oblivion we see today compared to last year.
Don't mistake, it's nothing to do with the company right now, and has not been for a very long time. If it were we would be at no bid. Without a doubt.
The lower the PPS hits, the higher the bid count goes, volume = movement = interest in playing, volatility is required, and a PPS that's 'worth' taking a position in.
Disclaimer: Everything I post is opinion and is not to be taken as investment advice. You make your own decisions based on your own judgement. Do your own DD = 'Due Diligence' = Your trade, Your responsibility.
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