Replies to post #115202 on Cytodyn Inc (CYDY)

[The oNiOnHEAd]

Last Friday, I ended up changing my order to chase the stock just a little, where I bought at 4.22

Then, at 11:54, that little upside down blip is where it pulled way back, breaking through 'supposed' L2 support, to just below my original limit price of 4.13

I definitely think there are a lot of orders being placed, then pulled. I call them Anheisers (as in Anheiser-Bush), because on a Midwest morning in July of 1985 my drugged out friends ran into the woods chasing phantoms that didn't exist. Like those phantoms, Anheisers don't exist. So I call these fake orders Anheisers.

Fake breakouts are the bane of the newbie trader. I guess I'll always be a newbie!

PS. I DON'T HAVE A SELL STOP.