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Re: RookieStockPicker post# 45050

Thursday, 09/08/2016 1:53:16 PM

Thursday, September 08, 2016 1:53:16 PM

Post# of 56628
Rookie, if you look at the chart, you will see in the beginning of August the stock was dropped down big time just before it started going up and by the end of August more than tripled in pps.

It was manipulating and dropped down by the same MMs - mostly CDEL and NITE, although CSTI has also participated. Basically they were driving the stock down by posting 10K sales. They scared off the weak hands into giving them their shares at the deep discount.

It's not guarantee that it will happen now. We shall see.

One thing we know: there is no reason for today's sell off.