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biosectinvestor

08/24/22 10:54 AM

#507836 RE: LearningEveryTrade #507834

Certain posters have been calling out that number for more than a year, I believe. But it did not last too long. And I expect most of the trading was day traders on the 10th and much of the fear triggered by both AF, and social media as well as the realization that the reason for the run-up was not really realized that day. Journal publication, broad coverage in the media and this a huge expansion of those investing in the company, was not to happen that day. The many day traders who got in then were in it for an opportunistic pop, not as new longs, unfortunately. This is also one of the limitations of the OTC, you have a much higher proportion of swing traders and day traders and a very limited audience of institutional money.

Bright Boy

08/24/22 11:03 AM

#507840 RE: LearningEveryTrade #507834

Very smart assessment!!!

Cheers,

BB