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Re: Catapult Trader post# 30681

Thursday, 07/19/2018 12:27:21 PM

Thursday, July 19, 2018 12:27:21 PM

Post# of 50028
There are several factors at work today causing the downward pressure:
1) the animated charts - stocks ALWAYS go down like clockwork when those show up
2) the gap - I don't quite understand it either, but most of the time, gaps must get filled (who made up that rule, anyway???
3) the shareholder update is not what people were hoping for; the general sentiment as evidenced by today's trading is that of disappointment. The company basically said in that update that it's still going to be quite a bit longer before all the pieces come together. People don't like to wait that long in OTC land.