Dewmar International BMC Inc (DEWM)

[doebop]

why pullback? simply put? Math & Greed...

the price ran up high enough for MMs to risk shorting with the expectation that retail hands with millions to invest were smart (and greedy) enough to wait for a pullback rather than continuing to smack the ask..

MMs blew their load in the .014s and shorted the top, covering the .0125s.. after seeing today's news didn't bring more retail buyers, they dumped their inventory and shorted again .. they've covered and added inventory around .01 all day...

watching the bollinger bands on the 60min chart will show you that as most real stocks do (non pump & dumps); we've traded through the top of the BBs and then pulled back to the bottom, quickly squeezing the bands for next move up...

anyways, back to the point... they too it down because due to the big move up, there is big move to move it back down...

don't be surprised if MMs try to dip this to .008s tomorrow...

Float is tight, meaning nobody is selling for the most part...

MMs selling what they have will push this down quick, but when they decided to cover, u see how fast it moves back up....

also, any retail hands that folded are likely looking for re-entry...

hell, 99 out of 100 ppl on ihub probably know about $DEWM and are waiting to pounce on it for what imo could be a 100-200% quick gain or 1000-2000% long term gain..


happy bidding