InvestorsHub Logo
Followers 282
Posts 3478
Boards Moderated 1
Alias Born 07/04/2018

Re: None

Wednesday, 09/11/2019 5:06:36 PM

Wednesday, September 11, 2019 5:06:36 PM

Post# of 186029
My theory is that after this excellent Q and conference call, and obvious massive growth in the near and mid-term with endless potential, market makers had 10M+ share order to fill at 03 or lower. Market makers can see where our stop losses are set, so when market makers need shares, and when stockholders have big swarms of stops set around the same area (10% or 15% below market is typical), to a market maker that looks like the huge repository of liquidity they need to fill an order. They can naked short a stock, drive down the price to the stop loss zone, load their order, and cause a panic along the way that further drives down the price and triggers more stops. Just my opinion, but this practice is commonplace, and I think this was manipulated down to fill someone's order. We might have to slog our way back up for a few days, but there weren't that many shares cued up between closing price and .03.

So just relax and buy more imo.
H