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Re: Unoqualunque post# 26286

Wednesday, 05/01/2019 5:39:25 AM

Wednesday, May 01, 2019 5:39:25 AM

Post# of 34641
To answer your question, I was referring to my previous posts where I opined on this mental algorithm that has had our stock price bouncing between $5 + $6 and how I am trying to profit from it's (almost) predictability.
I had mentioned that my next buy order was in at 5.05, and sure enough, it gets filled, and then back up we go.
These are only short term shares that I am trading, I still own and will hold a bunch of long term shares, but for trading I am just playing the game they (whoever they are) are setting up.
Next stop, sell the 5.05 buys near the mid 5's, make 1K+, wait for next drop down, rinse and repeat.

I believe it is a function of the short sellers, which has steadily increased from 1 million shares to 4 million shares since the start of 2019.
MRKR price goes up to the $5.50 to $6 range … and then the shorters jump in and short more, which brings it back down to low $5's.

AND THEN … MRKR price goes up to the $5.50 to $6 range … and then the shorters jump in and short more, which brings it back down to low $5's.

AND THEN … MRKR price goes up to the $5.50 to $6 range … and then the shorters jump in and short more, which brings it back down to low $5's.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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