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Re: mantrap post# 1062

Thursday, 10/10/2019 1:32:12 PM

Thursday, October 10, 2019 1:32:12 PM

Post# of 3370
I was not aware of that but I often find that it helps to think what a MM would do.

This information certainly provides a good insight into the sector weakness lately, as MMs would crush the stocks to load up if they intend to run them leading up to and after news.

Honestly, I was expecting the whole sector to continue to fade, especially through tax loss selling... bottoming in December and beginning and new bullish sector outlook near the end of 2019 and into the start of 2020.

As for ALEAF: we may see a bit of action before EOY. The confidence of management to cancel their approved R/S ("share consolidation") was a welcome, quite rare surprise... especially since it is currently trading below a dollar.

OMID