I know there are a lot of very experienced traders
Post# of 56323
Posted On: 02/27/2014 2:29:04 PM
I know there are a lot of very experienced traders on here so let me ask you a question.
FITX insiders has not to the best of my knowledge been selling of large blocks, In addition to a stockholder meeting FITX has made recent announcements that should have benefited stockholders yet the stock value has dropped approximately 25% in recent days. If anyone is watching trades it is easy to see that every time buyers stack up there is very little upward price movement and even a small sell order seems to drop pps. So this is my question.
Who is really controlling pps as it relates to buy and sell volumes?Currently it seems lopsided in favor of short sellers. Also, will placing a high dollar GTC limit order prevent short sellers access to long shareholders stock?
I really appreciate and value your input. I am not a "professional" and must gain knowledge by asking questions. So for those that respond. Thank you in advance.
FITX insiders has not to the best of my knowledge been selling of large blocks, In addition to a stockholder meeting FITX has made recent announcements that should have benefited stockholders yet the stock value has dropped approximately 25% in recent days. If anyone is watching trades it is easy to see that every time buyers stack up there is very little upward price movement and even a small sell order seems to drop pps. So this is my question.
Who is really controlling pps as it relates to buy and sell volumes?Currently it seems lopsided in favor of short sellers. Also, will placing a high dollar GTC limit order prevent short sellers access to long shareholders stock?
I really appreciate and value your input. I am not a "professional" and must gain knowledge by asking questions. So for those that respond. Thank you in advance.
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