(Total Views: 522)
Posted On: 03/11/2020 1:02:53 PM
Post# of 75423
Re: adirondackhi #61919
The flipper and the amateur short sellers are the same people.
If the price per share do not move up on good news (ie no volume) they short, if big news is coming and they know in advance they buy at the lower limit of the tightening range and then they sell the news.
If your position is long this is irrelevant, I would not suggest anyone without proper understanding to try ANY of this.
And shorting is VERY dangerous (I would never do it on a stock with such a low ATR and so much upside as RMHB: if an amateur short seller cannot cover in time and there is big propagation of the news (big volume coming in) that guy can wipe out his entire portfolio in a second on a gap up. (so ZERO chance you dead punk!)
the average volume is 15 000$ what would happen if volume went to 150k....you got it: a bull run.
now this would be both good and bad because the share price would shoot up like a star...but without support being built, making a bubble that would inevitably burst... so not good
personally I rather a nice up and steady but the share price is so beat up and this company so undervalued compared to the various contracts and production, a bull run is the most likely scenario....when is the true question.
If the price per share do not move up on good news (ie no volume) they short, if big news is coming and they know in advance they buy at the lower limit of the tightening range and then they sell the news.
If your position is long this is irrelevant, I would not suggest anyone without proper understanding to try ANY of this.
And shorting is VERY dangerous (I would never do it on a stock with such a low ATR and so much upside as RMHB: if an amateur short seller cannot cover in time and there is big propagation of the news (big volume coming in) that guy can wipe out his entire portfolio in a second on a gap up. (so ZERO chance you dead punk!)
the average volume is 15 000$ what would happen if volume went to 150k....you got it: a bull run.
now this would be both good and bad because the share price would shoot up like a star...but without support being built, making a bubble that would inevitably burst... so not good
personally I rather a nice up and steady but the share price is so beat up and this company so undervalued compared to the various contracts and production, a bull run is the most likely scenario....when is the true question.
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