waiting. noticed the stock tends to trade with dow
Post# of 96879
Posted On: 06/26/2015 11:30:02 AM
waiting. noticed the stock tends to trade with downward pressure as we get into midday / lunch. hardly a long seller. hardly a dilutive move (either). you don't try to maximize share value (or your return on investment) when 1/2 the audience is out of their seats (taking lunch). not a time to sell (investing 101). but its a great time if your intention is to move the stock lower
if your short. that's usually the time to pressure price
we'll see. i'm putting orders in lower. but i took my lunch earlier. so i can watch and scoop later (should they pull that garb-crap)
if u look at the history of this downtrend. shorts scalp and attack. invariably during lunch period 11:30 to 2pm. then some covering/profit taking brings the price back up (especially true on fridays. when people typically cash out. or take some risk out. of their positions)
just an observation for anyone who cares to read (and follow along). not trying to start a debate
if your short. that's usually the time to pressure price
we'll see. i'm putting orders in lower. but i took my lunch earlier. so i can watch and scoop later (should they pull that garb-crap)
if u look at the history of this downtrend. shorts scalp and attack. invariably during lunch period 11:30 to 2pm. then some covering/profit taking brings the price back up (especially true on fridays. when people typically cash out. or take some risk out. of their positions)
just an observation for anyone who cares to read (and follow along). not trying to start a debate
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