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Re: leopard messiah post# 41511

Monday, 02/04/2019 12:21:19 PM

Monday, February 04, 2019 12:21:19 PM

Post# of 70340
I'm just saying that selling before the shorts get a chance to might be a good way to make money on ACB.

Has anyone else noticed the pattern?

Step #1 - Everyone climbs aboard and touts how great ACB is. The stock goes up between 5-10% a day during this part of the pattern.

Step #2 - Then the shorts get in. Usually around $9-$12 a share and they start selling borrowed shares. This causes the share price to decline because they just keep on shorting until it does.

My point is: The key is to sell before the shorts do. Then when the shorts get in - the price will go back down and then it is time to re-buy at a lower price.

This pattern has been happening with ACB for over a year now.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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