Barely 1 million shares traded today Bears waited

Barely 1 million shares traded today

Bears waited until the final hour to drop a barrage of air shares into bid. They actually did it pretty much 3:30 on the spot. They methodically and mechanically dropped the necessary number of shares to clear out the layer of bids in order to move the stock down for a lower print into the close.

This is very reminisent of the action in late December/early January. Any time there is a light volume period on TECO, the bears turn on their naked short selling program and start dripping shares into the bid. By selling into the bid, they are literally making money. It's exactly like counterfeiting. You turn on the printing press, and then you go spend your ill gotten gains.

The got a low print on the daily at .042. Tomorrow they will likely get the 20 dma to cross down through the 50 DMA. This means price will be trading below all moving averages on the daily, with the daily moving averages starting to slope downwards.

This means that the daily chart will be in a downtrend, keeping any momentum chasers away from this stock and encouraging other bears to join in on the bidwhacking action.

Nonetheless, none of the real investors are selling, just the naked short sellers diluting our stock. November can not get here fast enough.