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Re: kasia8 post# 78200

Thursday, 09/28/2017 12:39:03 AM

Thursday, September 28, 2017 12:39:03 AM

Post# of 143666
Please... I have had one of those accounts and been around a long time. Things have changed and you clearly don't have all the info.
I don't need to research, but I think you do.

This stock isn't being shorted... and IF it is, the share amount is negligible compared to the huge volume. If someonw were to short a stock like this they wouldn't do it with one on an upcoming news cycle. They would wait until the cycle ended and maybe pick one where dilution was occurring or the cat got out of the bag with regard to shady dealings, blah blah blah -- and it would still cost a lot to execute. TOO much. There are too many other choices.

Retail.

Why is that bad? There is no conspiracy. People don't want to admit they took profit and dumped on everyone else. But it was still retail. With billions of shares in the O/S you take the risk of being dumped on, especially when bid support starts evaporating on level 2.

Like I said, at least it stopped at 0004 support. Even others here have pointed out the chart was running hot and needed some cooling.

facts.

Warning: I Pick Stocks w/ a Magic 8 Ball. Everything I post
could be completely wrong... and occasionally offensive.
Read and absorb my insanity at your own risk.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y