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Thursday, November 19, 2020 9:57:40 AM
Whoever came up with the "sell the news" theory should be shot... you have taught the next generation of traders to ruin the so much profit making potential.
I honestly believe its a theory thats put out there by shorters and MMs to trick people into this type if trading that benefits them
Just think if every trader would have incrementally sold shares in small lots all the way up. Let the stock breath and make people chase. Everyone would have made far more than this bid wacking dumpfest to try and drive it down only to reload the bottom and repeat. Whatever extra percent you think u made in that dip would not compare to the gains made by selling like ol school responsible traders.
This stock would be hitting .04 by now and moving up and the momentum would be intact for possibly even more gains if you held a core position after getting your initial investment and profits out
The sell on the news traders are like a parasitic perspective on the market going around ruining so much profit for themselves and everyone else... IMHO
Mav
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