Smoke
The JF dumping is already a known fact. The mm's were short this stock in the first place, even before the CC news. If the pps keeps rising they lose. They shorted some more in the high 015's on Monday. This is normal retracement per technicals to the ma20, where the mm's cover again, and the pps consolidates. I have nothing against the mm's. One has to understand how they operate to make money. I am in the process of learning. One of the best ways to to predict the stock movement using charts. GZ is a perfect guinea pig, as the volume is great to support any breakdown, the news is great to keep the momentum, the dilution is an obstacle. The company growth prospects are good.
The mm's are in the business to make money for themselves, and in GZFX they have a lot to play with on the long and short side, and they have the volume to make the profits.
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