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Re: 1hot toddy post# 52091

Monday, 02/26/2024 9:38:22 AM

Monday, February 26, 2024 9:38:22 AM

Post# of 77187
I hear ya 1HT and agree. However, my point was that anytime I've seen an open like Friday's, it's been intentional and 99% of the time when they do that, they work overtime to hold us several ticks under prior close all day... There were plenty of times on Friday when the asks we're knocked out and we should've moved up, but didn't. Instead those asks became bottomless and the second the buying stopped, they dropped us a few ticks.

Again, I'm not an expert on this stock, but if I had to guess, I think there may still be quite a bit of covering that needs to happen, but that's just a guess.... I'm still bullish on my small position here, but I personally know what to expect whenever I see that type of intentional fake open, regardless of the ticker. They do it on many tickers throughout the OTC....

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