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microcapbiotech

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microcapbiotech

Re: 123tom post# 28522

Friday, 09/13/2019 5:10:25 PM

Friday, September 13, 2019 5:10:25 PM

Post# of 34626
Hi 123tom, I just finished a post for poods concerning charts and emotions, and then read your post for todays price action.

Today was greed, in both directions.

To those, who like most on this board believe MRKR should be/will be soon a $20 or $50 stock - Greed said "buy now at $5.90 and $6.20 because it's been heading up lately (inspiring confidence) and we KNOW it's worth more and is way undervalued."
Greed - they bought.

Why did it go back down? Greed.
A segment of investors (and traders) look at the price increase and say, we KNOW it's not going to straight line up, we KNOW it will come down and either test a recent low or set a new higher low … so, if we KNOW that will happen then Greed says "take the short term profit NOW and buy back in later and cheaper."
Greed - they sold.
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