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S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,959.08
(
1.07%
)
Post# of 113997
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worthylion

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worthylion

Re: None

Monday, 07/23/2018 4:09:24 PM

Monday, July 23, 2018 4:09:24 PM

Post# of 113997
FTSI I keep averaging down but way under water at a 12.93 cost. If the theory is true that short selling is coming from lock up share owners who will cover when the lock up expires, then the stock might spike on the lock up expiration date. On the other hand, if lock up share owners know a good quarter will be announced, why forego upside on those shares with a short hedge? The decline is so extreme you have to wonder if some bad news has leaked.
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