Monday, February 01, 2016 8:02:01 AM
I expect to see a higher volume of shorting today. Traders will trade short instead of long imho. Call it manipulation but I call it day trading a stock that has only gone down.. a fantastic bet imho. Add to that a weak market.
Remember longs. Day traders trade short and long.
The business model here has not been sustainable, as it has not been profitable. Most are betting against it, hence trading below cash.
I am not buying as I don't want to suffer any more losses. Accumulating has been a lost cause as well.
GL
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