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Posted On: 03/31/2020 10:44:17 AM
Post# of 145900
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Does anyone have any thoughts on this morning's price action? Almost 8m shares traded in the first hour and it appeared to be a lot of downward pressure which I suspect was coming from shorting. If so, it now looks like they may have run out of steam (i.e. shares) because they beat it down to 2.65 and it's not working it's way back up to ~2.90. I hope that's the case, because if it is, then the rest of today's trading should be very interesting.
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My comments are just my opinions and should NOT be taken as investment advice.