(Total Views: 261)
Posted On: 05/01/2017 4:03:25 PM
Post# of 72447
Big departure from usual trading pattern, Kelt's 1200 shares near the close take it to high of day. Usually "they" slap if down at the close.
Very, very low volume today. This seems to indicate that there is very little real trading except for a few people who have posted that they bought stock. The rest? who knows, short covering and what AlanC calls "wash trades" (which are not what the IRS calls "wash trades" but instead means those bogus fake trades between market makers or the entity itself).
The smart rats are deserting the sinking short ship and covering their short positions. I hope the rest of them hang on short so that they are destroyed when the big move up comes.
And congrats to Kelt, Loose Lips, and any other real investors for accumulating more of these bargain-priced shares today.
Very, very low volume today. This seems to indicate that there is very little real trading except for a few people who have posted that they bought stock. The rest? who knows, short covering and what AlanC calls "wash trades" (which are not what the IRS calls "wash trades" but instead means those bogus fake trades between market makers or the entity itself).
The smart rats are deserting the sinking short ship and covering their short positions. I hope the rest of them hang on short so that they are destroyed when the big move up comes.
And congrats to Kelt, Loose Lips, and any other real investors for accumulating more of these bargain-priced shares today.
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