InvestorsHub Logo
Followers 136
Posts 12335
Boards Moderated 0
Alias Born 09/02/2001

Re: PhenixBleu post# 131798

Wednesday, 03/07/2018 5:09:16 PM

Wednesday, March 07, 2018 5:09:16 PM

Post# of 203913
Friedland had under 10 million shares.

There are other people involved.

If anyone believes this won't continue to effect the company they are mistaken.

The trading was weird with dilutive MM's on the bid and ask. Company officers were probably shorting their own shares.

They knew the shares were very over valued.

He's facing BK unless he has info to trade.

Why do 99% of day traders lose money?

They trade on a fundamental misconception about the nature of stock prices, namely that they are somehow persistent and predictable.

In other words, they pattern trade until they lose money. 99%.