InvestorsHub Logo
Followers 182
Posts 11456
Boards Moderated 0
Alias Born 01/25/2010

Re: cartonet post# 14482

Friday, 11/06/2015 12:28:16 PM

Friday, November 06, 2015 12:28:16 PM

Post# of 114133
BRM.v-- so maybe the seller bought much higher, on the spike, and is now using this as a tax-loss vehicle. If he's got lots more shares, this could get uglier.

The other possibility is that he bought very low, say 15-20 cent level, and now wants to get his profits, even reduced profits.

But i would think buyers will eventually step in, no?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.