Strange price action, to say the least. Haven't se
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Posted On: 08/04/2023 2:37:40 PM
Strange price action, to say the least. Haven't seen this in the almost 4 years I've been watching CYDY. We're what the technical traders call "barcoding". When the intraday chart looks like a barcode.
How to interpret it? Well, if it's not just market-makers playing games then someone has dumped millions of shares at these low prices - which doesn't make sense UNLESS they're warrants and they got them for nothing. AND someone is buying up everything that's being dumped.
So doesn't really seem like a net positive or negative.
Sorry folks, that's all I've got. Have a great weekend.
How to interpret it? Well, if it's not just market-makers playing games then someone has dumped millions of shares at these low prices - which doesn't make sense UNLESS they're warrants and they got them for nothing. AND someone is buying up everything that's being dumped.
So doesn't really seem like a net positive or negative.
Sorry folks, that's all I've got. Have a great weekend.
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