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CaptainObvious

05/17/24 4:38 PM

#692386 RE: DavidW2 #692385

It's called a 'Modus Operandi'
Bullish
Bullish
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newman2021

05/17/24 4:38 PM

#692387 RE: DavidW2 #692385

It is called Marking the Close red to frustrate the longs.
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Locknload56

05/18/24 7:38 AM

#692422 RE: DavidW2 #692385

Agreed. After seeing it over and over it becomes transparent. They know longs won’t sell but it diminishes the likelihood that we will buy more.
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exwannabe

05/18/24 10:03 AM

#692431 RE: DavidW2 #692385

Someone always sell the shares in last minute to make sure it close red every single day. It has happened so many times.


So far this month their have been 8 red closes and 6 green closes. Hardly "every single day". YTD it is 60R vs 35G. Not very odd for a stock where the PPS fell about 40%,

People will always see patterns in past data. They usually fail going forward.
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attilathehunt

05/18/24 11:00 AM

#692443 RE: DavidW2 #692385

Someone always sell the shares in last minute




Yes, the lower the close the less interest they pay on their borrowed shares...The MM's are the big shorts and thus they help themselves by closing it lower....This won't change until approval.