Saturday, March 02, 2019 11:32:23 PM
Especially when the sp rise was on those who sold off for tax reasons were buying back in. That is not a rally and neither did the daily trade volume indicate any new investment activity. Plus if there were any new dice rollers or existing dice rollers they were buying in anticipation of the 10q.
Aside from the lows and very short term spike. The SP is flat from the last quarter to the penny and still down over 33% from it’s 52 week high of 29.
You cannot have a sell off with anemic volumes. What you can have is a crash. I added a large short term position a few weeks ago and only sold a 20% position for a .03 gain. A few others may have done the same.
I’m not surprised that there was no sell off before the report. I would be surprised if there was a sell off.
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