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Re: Jimmy6969 post# 90717

Friday, 02/10/2017 8:33:09 AM

Friday, February 10, 2017 8:33:09 AM

Post# of 462902
We just disagree then. If as Zena just said, most of the holders of the stock are retail, all you have to do is look at a daily chart going back to 2015 to see how fast people dump for a profit when the stock makes one if its runs going up a dollar or two. Leo has traded this fact brilliantly. People trade much more than they are willing to admit when a big move occurs on minor news or no news at all. If you knew in advance someone was going to start gobbling up every share aggressively and bid the stock way way up until they completed an acquisition you might not sell on a 500% run up but you cannot know that in advance. What you do know is the lesson of the past which is that big corrections come quickly after big runs.

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