Replies to post #58448 on American Green Group, Inc. (AMNE)

[Techs1]

The past 4 run ups involved a large white candle similar to the one we got yesterday followed by a slight red candle that did not surpass the previous white candle. Each of these red candles were follwed by steep and rapid price increasements of 3-4 days. I'll trade on that history. Only run that did not have a white candle following the red candle was in February when there was a doji. That run saw the price go from .0005 to .019.

[Visibility]

He's not referring to a short squeeze. MM's will sell shares they don't have into the run, and then later run the price down a bit to recover the shares they "shorted"

A short squeeze is something totally different.

[Bane]

LMFAO!

FYI....

What Does Short Squeeze Mean?

A situation in which a lack of supply and an excess demand for a traded stock forces the price upward

The Basics of Shorting Stock

I own 10 shares of company ABC at $50 per share. You believe the stock price of ABC is grossly overvalued and is going to crash sometime soon. You are so convinced that the stock will crash, you come to me, and ask to borrow my ten shares of ABC and sell them at the current market price for $50. I agree to lend you my shares as long as you pay me back ten shares of ABC at some point in the future. You take the ten borrowed shares, sell them for $500 and pocket the money (10 shares x $50 per share = $500).
The following week, the price of ABC stock falls to $20 per share. You call your broker and tell him to buy 10 shares of ABC stock, at the new price of $20 per share. You pay him the $200 (10 shares x $20 per share = $200). A few days later, you pick up the shares of ABC and bring them by my office. "Here are the ten shares I borrowed," you say as you put them on my desk.

Do you see what happened? You borrowed my shares of ABC, sold them for $500. The following week, when ABC fell to $20 per share, you repurchased those ten shares for $200 and gave them back to me. In the mean time, you pocketed the difference of $300.

So with that little lesson...I do believe this is being shorted and covering.....All My Opinion of Course....