InvestorsHub Logo

EMPATHY

10/04/18 4:49 PM

#144307 RE: igotthemojo #144305

Have to wait and see.

Looking at the actual trades does help me more than the squiggly line.

I'm betting the 'news' will sandbag it, and so are actual traders.

gl longs

WebSlinger

10/04/18 5:15 PM

#144308 RE: igotthemojo #144305

<< stayed in positive territory all day and ended up 5%...but people are selling?.. >>

People ARE selling. Today, there were only 100K bought, but 543K sold. In other words, there were more than 5x as many sells as buys today. Yesterday, there was even more sells. And many of the buys today were very small - 100 shares, 2300 shares, 3000 shares, 5000 shares, etc. Who buys $150 worth of stock and pays $14 (or about 10%) in trading fees?

But yet somehow today the share price ended slightly higher. To me that is very strange. How can a stock end higher when there are a LOT more sells than buys? I can tell you - manipulation. Kim used to be a stock trader. I'm sure he has a few buddies that are willing to "get their hands dirty" and keep this stock floating higher than it should be.

Caveat emptor - Buyer beware