CORRECTED...I sent a few questions to Ronin. He se
Post# of 8802
Posted On: 01/28/2016 6:34:54 PM
CORRECTED...I sent a few questions to Ronin. He seems pretty smart. Here are the responses to who is selling and how long it will continue...
Quote:
Some traders see prices they don't want to see and believe it to be the end, and so they sell. Some traders are pissed that news hasn't come sooner, and so they want to sell at the end of the day to bring down the price.
Some are securing profits, and some are believe to be cutting losses.
But it has always been about the same amount of volume traded here.
Quote:
I believe tomorrow is the last day of this down movement. Next week will be an up week... With news or no news.
I originally said TALK was headed to 12 with no news. We have hit that. This area is the bottom. The chart is really oversold at this point.
The bottom is a good place to buy. IMO this should surpass the previous highs as news will help it. But then there's the question of a name change, ticker change and other catalysts that should keep moving TALK.
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