InvestorsHub Logo
icon url

Catalyst_5474

12/04/16 11:19 AM

#41295 RE: Coyoteman #41289

The thing is though, the people that are trading this right now aren't investing to see this go through the merger. They are interested in profiting off of the potential of it to go through the merger. Most day traders on the OTC don't hold on to many stocks more than a couple of days.
icon url

Green_gold

12/04/16 11:32 AM

#41304 RE: Coyoteman #41289

Maybe you should read the post in responding to.they said .05 by next week Friday with it increasing everyday. I was saying that people aren't going to change their patterns of trading and the RSI has to reset. Friday is usually a dumping day as well. Sure in the future it will hit and maintain .05 but it is unlikely next week