This article was helpful that I read this morning.
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Posted On: 09/06/2023 1:40:59 PM
Re: Noemotions #30707
This article was helpful that I read this morning. I figured there was a lot of shorting going on, but they weren't able to control the stock yesterday and then it got away from them. Basically day traders in and out all day. You can watch some of their videos on youtube talking about when the stock trades at $5, $8, etc.
The fact is we have very low OS so will see more volatility as more news and progress happens. I've seen stocks run days or weeks later after news once the meme crew figures it out.
Remember when people were whining we have no big brands and then Verb signed a bunch? Then it turned to, we have no big partnerships with giant companies. Well there you go. Now we do and you couldn't ask for anyone better that fits like a glove.
What is Float Rotation and Why It Matters to Day Traders
https://www.tradingsim.com/blog/float-rotation
The fact is we have very low OS so will see more volatility as more news and progress happens. I've seen stocks run days or weeks later after news once the meme crew figures it out.
Remember when people were whining we have no big brands and then Verb signed a bunch? Then it turned to, we have no big partnerships with giant companies. Well there you go. Now we do and you couldn't ask for anyone better that fits like a glove.
What is Float Rotation and Why It Matters to Day Traders
https://www.tradingsim.com/blog/float-rotation
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