Yep. Typical trading leading up to an inflexion
Post# of 155485
(Total Views: 635)
Posted On: 10/15/2020 9:52:41 AM
Re: LaundryMoney #61233
Yep. Typical trading leading up to an inflexion point. Many have asked "who is selling right now?"
The answer is typical investors. Approaching an I flexion point causes some investors to take some risk off of the table to hedge against the potential for a downside at the inflection point.
Everyone has their own risk profile. Consider the investor that holds say 200,000 shares with an average price of 70 cents. He or she may have held strong and not taken any profits along the way. Now that we are approaching an inflexion point (and based in said investors individual situation) it may make sense for them to take some profit at this point, however painful it may be. This allows them to hedge against the inflexy point.
I am not advocating for this, just trying to explain it as I understand it.
Someone asked me yesterday if I'd sold any shares. I have traded this stock at certain points across the past year, with a portion of my holdings based on the activity.
I am not a professional trader and don't claim to be good at it, but I have been fortunate to be able to I prove my position (de risk) by trading the short attacks.
Again, not advocating, just sharing. Everyone has their own appetite for risk, and should act accordingly.
All IMO, good luck everyone
The answer is typical investors. Approaching an I flexion point causes some investors to take some risk off of the table to hedge against the potential for a downside at the inflection point.
Everyone has their own risk profile. Consider the investor that holds say 200,000 shares with an average price of 70 cents. He or she may have held strong and not taken any profits along the way. Now that we are approaching an inflexion point (and based in said investors individual situation) it may make sense for them to take some profit at this point, however painful it may be. This allows them to hedge against the inflexy point.
I am not advocating for this, just trying to explain it as I understand it.
Someone asked me yesterday if I'd sold any shares. I have traded this stock at certain points across the past year, with a portion of my holdings based on the activity.
I am not a professional trader and don't claim to be good at it, but I have been fortunate to be able to I prove my position (de risk) by trading the short attacks.
Again, not advocating, just sharing. Everyone has their own appetite for risk, and should act accordingly.
All IMO, good luck everyone
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