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Posted On: 06/28/2019 11:39:19 AM
Post# of 75091
I agree that this stock is acting like it should technically speaking. It is fascinating to watch the shorts try to go to the well once again. It has worked so well in the past,HOWEVER THE TAPE HAS CHANGED NOW.!
As they stack the offer to run the stock down a "White Knight" is showing up on the bid. 0.0850 Has about 200,000 thousand to buy. If a short knows how to read the tape that is their signal that the stock is looking to bottom. It is going to take more and more volume to push this one down.
Move on shorts the well has run dry. You may get profits after a big run up,but the days of driving this into the ground are over.
As they stack the offer to run the stock down a "White Knight" is showing up on the bid. 0.0850 Has about 200,000 thousand to buy. If a short knows how to read the tape that is their signal that the stock is looking to bottom. It is going to take more and more volume to push this one down.
Move on shorts the well has run dry. You may get profits after a big run up,but the days of driving this into the ground are over.
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