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Re: misiu143 post# 6662

Friday, 10/14/2016 1:25:46 PM

Friday, October 14, 2016 1:25:46 PM

Post# of 233052
I've done a lot of thinking about that as well - why would someone sell at these prices especially when on last thursday there was pressure for the stock to rise? the only 2 answers are protecting a short position and lowering the cost basis on a large position. if you think about it if there was a rally last thursday the stock might have jumped to $1, at that level we get many large shareholders who got shares at $.75 start selling. in a way it is better to stay down here quietly waiting for that big binary event. higher share prices mean fluctuations that encourage trading - not investing.
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