InvestorsHub Logo
Followers 31
Posts 1848
Boards Moderated 0
Alias Born 06/03/2009

Re: rayfer22 post# 45901

Monday, 10/05/2009 1:41:09 PM

Monday, October 05, 2009 1:41:09 PM

Post# of 68510
When a stock is in what might be considered "oversold" or "bottom" territory, there is less sell pressure. Traders with the means to move stocks will opportunistically buy in on these and sell after a quick pop, maybe 15% or 25%.