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Re: PithicusKong post# 1305

Thursday, 12/26/2019 10:36:36 PM

Thursday, December 26, 2019 10:36:36 PM

Post# of 1476
My guess is the selling is coming crom recent buyers that bought in based on charts/momentum on the big surge and had ZERO idea what they were buying. Since there was no big technical sell-off which would have alerted them to immediately dump, they kept holding. Eventually they realized there was not going to be another surge and just started unloading. That being said, someone bought a lot of shares BEFORE the Q3 #s and could not have thought there would be any real positive volume to dump into based on historical movements. That buying was real. Just another strange chapter in this trainwreck.