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Re: shark44 post# 24990

Tuesday, 11/27/2018 3:17:29 PM

Tuesday, November 27, 2018 3:17:29 PM

Post# of 61837
Heck yes son. THis is jsut leg one. Remember what happens at the first and second leg almost always determine the peak. For instance if this leg peaks at .065 and sells off to .055 it will likely run to about .10 on the second leg and sell off to .09. At that point we will have those insane 20m - 30m volume days and this lady will surge to .15. Hold on tight. It's coming in hot. There is also another sneaky piece to this that deals with the MMs. The shares here at .03 - .05 are being bought mainly by retail investors and being sold by the MMs. This effect causes most MMs to be net short stocks on this big run. In order to get a position where they can make a profit they will remove themselves from trading as the prices surge to allow the price to get to a huge peak say .15 - .20. At that point these MMs will sell as much as they can. The reason is because the need to essentially average a higher "short price" moving from an average short price of .04 to .14. Then they will do some tricky things to tank the stock to .06 again so they can make their money. Once we get past this .06 are those MMs will step out of play for the most part so we will see that insane parabolic curve to .15. Cheers to Longs!!
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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