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Landmark8211111

04/01/21 7:34 PM

#70889 RE: PutzMueler #70887

Right Putz—thanks!.
Here’s a question; when we had that unexpected BREAK OUT—trading was over 10 million shares the first day, and similar the 2nd and 3rd days (a bit less) why wasn’t there strong support created? - and resistance for that matter?. It seemed the 100 share LOTS were easily busting through ‘support!’? like a hot knife through butter!!.
5 to 10 cents drops would seem without effort!?
Shouldn’t there be tons of strong support levels with 10’s of millions of shares trading around $1.30 to $2.08 (and all in between?).
At times the SEC rule book can be quite convoluted and complex (I often wonder if that isn’t by design?)

Anyone care to chime in?

Cheers