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Re: Toxic Avenger post# 25868

Friday, 05/25/2018 5:07:22 PM

Friday, May 25, 2018 5:07:22 PM

Post# of 50090
It's not quite true that the stock "barely traded" before the announcement.

During the full year prior to Dec.22, 2017 the stock has traded an average of 237K shares / day - not a lot below recent volumes. Sure there were quite a few quiet days, but there were also a few high volume days - e.g. the stretch between May 12 and June 02 2017 was quite interesting with 26M shares trading hands. I wonder who was acquiring??

So, one might cherry pick a rather peculiar 130MA to prove a point, or look at the 200MA, which is a valid reference.

Death cross, gravestone dojis, the end of the world as we know it...
I'm not here for the chart.