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Traderfan

07/08/19 4:12 PM

#29427 RE: cnote325 #29420

Let's be realistic for a minute here. Obviously there is some serious selling going on lately. To deny that is nonsense. Now there is plenty of stuff I don't agree with Kent and yes I think this whole thing is legit but then again this is not your retail Joe guy selling 200k and 300k share blocks over and over. Yes there is manipulation going on here but that doesn't account for all the selling. Now I agree Kent is not here just because he is bored but then again he was right lately, people never thought we would see 6 again and now we are in danger of losing support at the MA. If this holds up this could well see 4 again, something many have laughed about just a few weeks ago. So yes at the very least there is an entity who has millions of very cheap shares and who wants out which is weird to start with given the progress the company had with the ETF lately. Fact is it's not the bogeyman selling all these shares unless you think some serious shorts are engaged here.