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Re: ozzy52 post# 48636

Wednesday, 11/11/2015 2:46:02 PM

Wednesday, November 11, 2015 2:46:02 PM

Post# of 66165
People loaded yesterday because the news about the new auditor being fired drove prices down to a level we haven't seen in quite some time and allowed buyers to average down. People got scared and bailed, I bet those that sold wish they wouldn't have after the news this morning.

If you were around a few days back when an email was passed around stating that the CEO had good news and bad news, you would see that the share price reacted accordingly. Week hands sold on the bad news, longs and new buyers loaded up on those shares and then drove the price back up to 7x8 on the good news. Hardly a pump and dump if you ask me.
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