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Liquid_Trader

10/06/14 4:34 PM

#10377 RE: Posiden #10376

Exactly
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Smilin_B

10/06/14 4:38 PM

#10378 RE: Posiden #10376

Can you imagine if DRIOD posted good news today?

95% of its share holder base couldn't sell today, and most likely will have to wait several more days before they can.

I cant tell you how MANY times I've witnessed stocks R/S then trade higher on light volume, but share holders are unable to sell due to the ticker change. Then day after day, the stock trades DOWN on light volume, usually to levels LOWER THAN the previous split adjusted support levels. Then by the time the stock is able to be traded by most traders, they sell it off.

The above scenario is typical.

Again, DRIO can gap up and run hard in the presence of substantial news/updates. So good luck to all holding.
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Dr PennyStock

10/06/14 6:37 PM

#10379 RE: Posiden #10376

I hate news during a run,even good news, always mess with the charts, and, bring spikes and then sell pressure, then the chart needs to rebuild the trend lines, supports, etc.
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Madtownchick4

10/06/14 7:30 PM

#10380 RE: Posiden #10376

Why? Very curious. So there isn't a sell off after a run without you being able to sell?