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Re: PetWu69 post# 26338

Wednesday, 01/27/2021 6:10:18 PM

Wednesday, January 27, 2021 6:10:18 PM

Post# of 31747
The "Big Fish" recognize the major markets in general are overvalued. Earnings season has just begun and a lot of the "BF" are going off the conclusion the current share prices already have much of the positive news baked into the price. Creating the opportunity for them to make money on the downside. So the old adage of "sell on the news" is more likely to happen consequently generating more short selling opportunities.

This also involves the "Small Fish" where there's a portion of the general investing populous who never stay invested in an equity for very long and with the first hint of a "sky is falling" dynamic at the beginning of a trading day creates more of an avalanche effect helping the short sellers accomplish their objective. Essentially that is what played out today in the major markets and as you witnessed it carried over to the OTC markets. Although, the OTC markets are less about shorting and more about flipping.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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