I have to agree with you. There are times that looking for a dead cat bounce makes some sense, but this is not one of them. The volume is up because sellers are taking a tax loss but after the 1st of the year, it is going to be unlikely to get the volume to dump 15 or 20 million shares at any price. It won't be long before sellers will not be able to sell at .0001
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.