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Posted On: 06/23/2017 3:48:12 PM
Post# of 72440
How do you know for sure that most of the volume were wash trades and longs are not selling?
People (including longs) sell for various reasons. I rebalance my porfolio regularly. I know longs who have sold some IPIX shares to make a quick trade in other stocks, then bought back later. Then you have traders who are flipping for pennies. All are legal trades.
People (including longs) sell for various reasons. I rebalance my porfolio regularly. I know longs who have sold some IPIX shares to make a quick trade in other stocks, then bought back later. Then you have traders who are flipping for pennies. All are legal trades.
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