Thanks for sharing that video, interesting perspec
Post# of 11899
Thanks for sharing that video, interesting perspective. Just my opinions but I would say that any thinly traded volatile PK stock will likely bounce around in ranges above and below it's 200 DMA and 50 DMA averages; business as usual.
20130418|RFMK|26299614|0|43331690|O
If we consider the 9.5M share t-trade printed after-hours today then miraculously the short volume to total volume ratio returns back to exactly 50%.
Those of whom are trying to spin their agenda based on the t-trades are IMO just pushing nonsense to sound important when really it means absolutely nothing. It seems the MMs and "liquidity providers" in this stock are antzy to get something going so they can do their typical pump and dump in a PK stock vehicle ("you gotta ride the P&D"), etc, but investors/traders just do not seem to be interested in RFMK right now. Not much news, not much seems to be happening and there are very few longs in RFMK (maybe 50 to 60 max) IMO. So the market players can spin their gears as fast as they want, it changes nothing. The "churn" is meant to gut wrench longs out of real shares so the playas can close out their short positions with a profit or else buy in lower and then pump it up to dump on high volume, business as usual. You must learn to understand the market makers business. They OWN the market place and they don't seem to like longs who hold their shares with a KFG KUNG FU GRIP!!
Oh well, much to learn of the force they still have.
Difficult to see the future is. May the force be with us.
$RFMK