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Posted On: 07/14/2017 11:27:45 AM
Post# of 72440
NITE wants to buy a whole bunch (over 26k shares) at 1.01 so they will try to push it down there.
I said yesterday that I thought "they" would let the stock run in the morning, then try to take it down again at the close. (With the caveat that some other group might be at odds with them, and might try to take it UP at the close.)
So far it looks like my theory may be correct. Absorb the new money and the short covering early on.....
Not quite two hours into trading and we've seen over 464,000 shares traded.
I said yesterday that I thought "they" would let the stock run in the morning, then try to take it down again at the close. (With the caveat that some other group might be at odds with them, and might try to take it UP at the close.)
So far it looks like my theory may be correct. Absorb the new money and the short covering early on.....
Not quite two hours into trading and we've seen over 464,000 shares traded.
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