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Nebuchadnezzar

09/15/21 4:03 PM

#47211 RE: king oil #47210

no clue, only watched RMTD level 2 for clues


pattern recognition just comes easier to chess players i suppose
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Ed the Trader

09/20/21 10:56 AM

#47223 RE: king oil #47210

More specifically, when selling at any price one could get today (if one could sell at all) would result in nearly a complete loss of position value, why would anyone opt for such a bad loss when the only other option is wait as long as it takes for the corporation to fix their filing mess and then get a market makers to start quoting the corporation's stock again (assuming the corporation will have the filing deficiencies cured by the 28th?

It is better to wait for years if necessary for a small chance at a comeback instead of taking a near total loss today.

Personally, unless the stock is a zombie with no corporation still in existence to support the ticker, I am betting that greed of the corporate officials will cause them to find a way to reactivate their gravy trains (aka their share dilution machines).