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Wednesday, June 27, 2018 6:31:06 PM
ERBB Daily Trade Log
Millions of ERBB shares were dumped at .0009
Including about 15mm sells starting at noon. Those are NOT retail traders dumping those big blocks. That’s convertible debt holders dumping into the bid so they can protect their profits which are dwindling by the day and they have billions more to sell. This is why technical analysis is pointless with Death Spiral stocks like ERBB; there are no credible support levels because convertible debt holders will indiscriminately sell into the bid with billions of shares.
This stock is dead
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