InvestorsHub Logo
icon url

trader_ron

05/25/16 4:26 PM

#8319 RE: Kallie #8318

Was this pumped or any news letter go out on it, i'd like to follow their next play.
icon url

YazM

05/25/16 4:35 PM

#8325 RE: Kallie #8318

I'm glad you agree, this was definitely being held down today and to be honest I've seen this time and time again. You have bid and ask by the same MM's. They load the ask so people sell into their bid to load up more shares. This is all a strategy and quite frankly when this is seen it is a good time to load as well.

Shorts and weak hands had a lot to do with the morning dive however it did bounce back close to 2.50 like I expected but then it was followed by a pull down. This EOD movement was a push down by MM's to gather cheap shares. This is getting ready to either gap up from a PR, or make a massive run by shorts covering with some positive momentum.