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Re: timetomakemoney post# 1753

Friday, 07/23/2021 11:20:22 AM

Friday, July 23, 2021 11:20:22 AM

Post# of 3940
I have noticed the most of the meme stocks trade in tandem with Fuel Cell stocks. Both up two days and now down two days. Seems some Algos are trading them in tandem. This seems despite any good news they go down and up more as a group. It will interesting to see Monday if this continues or we go for another few up days. It is like they are overselling us and then buying back in low and selling again. Just like a stair step. I feel this is the way they are covering their short a little bit at a time reducing their risk. Notice the cost of borrowing is way down. The bad guys seem to have a tight grip and control of the market in these low volume days and unless you can amass an army like AMC and GME (which a few times at least) bucked this trend it is hard to beat. I think they used a divide and conquer technique on small shareholders so they could spread out the risk and then gradually beat the meme stocks down slowly and exit the mess were in.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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