In light of past and recent events at TMPS, the stock is overpriced. While that may be bad news for people at varying levels of losses since the fake run over $1, it is reality.
Investor confidence is in a holding pattern right now. Too many days left in the week for trading followed by a long weekend. More Volume only accelerates the pps descent. See what I did there?
I'm seeing a trend on Level 2 and Level 3 that suggests the pps under $0.10 this week or next.
Question: If someone is Long and showing a loss, is it better for them to average down their cost or slap the Ask?
Many will answer this question incorrectly. Therein lies the problem.