What's probably happening is ,,,
the current pump peaked 3 days ago ,
then the price + volume dropped for 2 days ,
and the day-trader shorters arrived yesterday.
Just the usual over-reaction to too much 'good news' ,
that's now all old news.
extra , Sincerely .
P.S. ; The exact same story is about to unfold
in 2 other recent 'good-news' pinks. They usually
retrace to within 20% of their pre-news baseline
within 2 weeks. The shorters wait for the peak to
stall , and then drop ~20% , and then day-trade it
until it is 20% above the pre-news baseline. Chart
fans don't admit this fact , [which is clearly proven
by their own charts] , because they believe that pinks
cannot be shorted. Which is clearly wrong , because MM's
are short ~50% of the time , to 'make the market' , which
is their Only job. Also, retail shorting of pinks is
easy , World-Wide , except through U.S.A. Brokers.
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