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Posted On: 09/16/2017 8:21:50 PM
Post# of 72442
Yes, I think that some of the rats have deserted their underwater ship. We know for sure that at least one of the trading gangs has covered and gone long, since a principal basher has now become an obnoxious cheerleader here.
So that was the tell.
The fact that they tried only half-heartedly to close it down, and folded when a buyer came in (so it closed GREEN on a Friday, which they hate) is another tell.
I won't be surprised if they mount one more attack trying for a new low, or at least a close below .70, but judging from the PM's I've gotten from people who are telling me that they are just waiting to pounce on such shares, if they DO take it down again they're going to be very, very sorry.
So that was the tell.
The fact that they tried only half-heartedly to close it down, and folded when a buyer came in (so it closed GREEN on a Friday, which they hate) is another tell.
I won't be surprised if they mount one more attack trying for a new low, or at least a close below .70, but judging from the PM's I've gotten from people who are telling me that they are just waiting to pounce on such shares, if they DO take it down again they're going to be very, very sorry.
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