WOW. Talking about focus getting lost.
So on the 10th, JBZY had 53% of the trades were short.
WOW, and DUH....we should be in the trips by now since the stock is under attack and it feels like the Alamo.
May be we forgot the other statistics.
JBZY had X % of the trades were made by long.
JBZY had X % of the trades were made by retail.
JBZY had X % of the trades were made by MMs between them.
JBZY had X % of the trades were made by flippers.
JBZY had X % of the trades were made by buyers covering.
JBZY had X % of the trades were made by profit takers.
JBZY had X % of the trades were made by Friday sellers.
JBZY had X % of the trades were made by Males, over 50 and living in IDAHO.
Bottom line, the 53 % means POOP.
The market is like a big " all you can eat Chinese Buffet "
( no offense to Chef Wang.....)
Last Friday we had 53% of our costumers who decided to try our " short ribs "....but we sold pretty much everything we prepared.
The only positive value I give to that 53 % is the following.
IT IS A ACTIVE TRADING.
GLTA