Posted On: 03/30/2015 4:01:29 PM
Post# of 41414
What Happened To Stock Price?
Down 36% on 52,000,000 + Volume
For the record, let me state I believe longer term BLTA will prevail and recover. It may be weeks or months, but calmer, more informed heads will eventually prevail.
I know a few here are scratching their heads wondering what happened here. 2 possible reasons:
1.) Obviously, investors did not like BLTA Facebook post:
http://investorshangout.com/post/view?id=2830203
2.) Many here have not seen this Video Chart posted on another BLTA forum on Thursday March 26 by Clay Trader. Say what you want about the guy, but he is a force to be reckoned with. Clay Trader is probably the top TA guy on that other stock forum, with over 6,500 followers. I cringed when i saw his Chart. I have seen many of his charts, but never seen him start out in such a negative way. In my experience, by the time he gets involved in a stock, many times his analysis is a kiss of death.
http://claytrader.com/stock_chart/BLTA/?utm_s...aign=chart
BLTA
Down 36% on 52,000,000 + Volume
For the record, let me state I believe longer term BLTA will prevail and recover. It may be weeks or months, but calmer, more informed heads will eventually prevail.
I know a few here are scratching their heads wondering what happened here. 2 possible reasons:
1.) Obviously, investors did not like BLTA Facebook post:
http://investorshangout.com/post/view?id=2830203
2.) Many here have not seen this Video Chart posted on another BLTA forum on Thursday March 26 by Clay Trader. Say what you want about the guy, but he is a force to be reckoned with. Clay Trader is probably the top TA guy on that other stock forum, with over 6,500 followers. I cringed when i saw his Chart. I have seen many of his charts, but never seen him start out in such a negative way. In my experience, by the time he gets involved in a stock, many times his analysis is a kiss of death.
http://claytrader.com/stock_chart/BLTA/?utm_s...aign=chart
BLTA
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