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Re: james_west_1965 post# 21297

Wednesday, 09/06/2017 1:52:51 PM

Wednesday, September 06, 2017 1:52:51 PM

Post# of 50157
Yes, my apologies, I didn't mean to imply you're lack of reasoning. And I do agree with a short squeeze anything is possible.

If we get a big chase from the 36k watchers or more, it could really screw with the shorts caught in the squeeze. There will probably be some damage control to keep it down but when volumes shoots up it be hard to control it.

Last time we had some 600 million volume day. Obviously the sames shares were traded multiple times on the way up. Often times pro traders use that buy sell, then buy again and keep pushing through resistances.

Same thing shorts would short then cover and short some more to attempt to drop the price. It all depend on that extra buy interest from other people it can really push things when people start to chase.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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