Thursday, February 13, 2020 1:39:08 PM
Today's session is all about profit taking and the shorts probably again will control 50% of the volume.
These guys are all over this issue. However, trades reasonably thin. Spread bouncing back and forth indicates that shorty is trying with earnest.
The trading history certainly wasn't much until 5 days ago going back to 2018.
The volume over the last 5 sessions plays nicely how it bounces back and forth. Trades like a Tech stock for sure.
This company is going for the momentum growth factor and today's session certainly plays into a reasonably 2020 Buy and Hold for this calendar year.
Appears it's going to get quite interesting with some volatility to say the least.
Keep an eye on the Converts Notes and the SS does need to be watched. A capital intensive announcements are sure to follow.
Certainly a buying opportunity at this level.
Have a good day
varok
http://www.stockmarketquarter.com
Corporate Market Awareness Consultant
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