Posted On: 03/19/2016 9:39:31 PM
Post# of 72447
Haven't read other boards but if they are out bashing in full force it means that some of them day-traded this, closed their positions near the close, and now are fearful that they won't be able to get back in at a much lower price. So they're going to try to knock it down
BUT
That was extremely odd action yesterday. All those large trades, some of those 1 minute candles had tens of thousands of shares traded. One of the 5 minute candles had something like 80k shares. (Bigcharts is down so I can't check for sure or give you a working link.)
Someone's taking a position. A big someone. So if they manage to take this down, well, I guess some of my AVXL gets the boot and I buy even more CTIX.
BUT
That was extremely odd action yesterday. All those large trades, some of those 1 minute candles had tens of thousands of shares traded. One of the 5 minute candles had something like 80k shares. (Bigcharts is down so I can't check for sure or give you a working link.)
Someone's taking a position. A big someone. So if they manage to take this down, well, I guess some of my AVXL gets the boot and I buy even more CTIX.
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