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Re: Battle Ready post# 20299

Thursday, 09/29/2022 12:15:05 PM

Thursday, September 29, 2022 12:15:05 PM

Post# of 21540
There's plenty of technical traders out there that don't care about results and only want to make a quick buck. We also have a lot of index funds invested in the stock that need to sell shares whenever investors pull money out of their funds because of the overall market downturn. There's also market makers that make their money through arbitrage that don't care about fundamentals.

Sure, there's always a possibility that someone is manipulating the stock, but there's also a possibility that there's simply just a lot of people out there that don't care about the results. There's also the fact that people talking about manipulation usually do so because they can't imagine why the market would move in the opposite direction of their bet, rather than have definite proof of a coordinated effort to bring the price down. I would expect the short volume to be much higher if that was the case, and yet it isn't.

I'm sure most of the bulls on this board have already bought the amount of shares they want to hold through results, so if investors like that are done buying then why would the price be going up while the market is going down?

Just saying. This happened before results in 2019 too.
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