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Posted On: 08/02/2019 5:56:06 PM
Post# of 32720
Re: gobears1985 #16229
Here’s some probably meaningless analysis that I found interesting but others may not...
Over 23 days since July 2nd, VERB has closed above $2.05 three times and below 1.95 once. Otherwise, it has been in that $1.95-2.05 range every time. 14 of those 23 days, it’s closed between $1.98-$2.02.
Whether you believe in manipulation or not, that’s quite a tight range over that period of time. There were 8 days that the low of the day was below $1.95 and 10 where the high of the day was higher than $2.05. Most of those days still saw the price close right around $2.00. Higher volume days obviously saw more fluctuation, but most closed or eventually closed right back in the $2.00 neighborhood in a day or two.
$2.00 seems to be a key number to somebody for some reason. Maybe it’s the fact that $2.00 is a round number that makes it stand out to me. I guess if the range centered on $2.08, I might not think as much of it.
I’ll take off my tin foil hat now. Enjoy your weekend. I’ll be cracking a beer shortly.
Over 23 days since July 2nd, VERB has closed above $2.05 three times and below 1.95 once. Otherwise, it has been in that $1.95-2.05 range every time. 14 of those 23 days, it’s closed between $1.98-$2.02.
Whether you believe in manipulation or not, that’s quite a tight range over that period of time. There were 8 days that the low of the day was below $1.95 and 10 where the high of the day was higher than $2.05. Most of those days still saw the price close right around $2.00. Higher volume days obviously saw more fluctuation, but most closed or eventually closed right back in the $2.00 neighborhood in a day or two.
$2.00 seems to be a key number to somebody for some reason. Maybe it’s the fact that $2.00 is a round number that makes it stand out to me. I guess if the range centered on $2.08, I might not think as much of it.
I’ll take off my tin foil hat now. Enjoy your weekend. I’ll be cracking a beer shortly.
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