OTCPK:ARLZQ - Post by User
Post by
GoldenDilemmaon Oct 04, 2016 11:11am
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Post# 25306696
Shorts run the show
Shorts run the showRegardless of how you want to spin it, this is not healthy price movement or beneficial to any long holders. We had great news this morning, pre-market bids as high as $6.15+, and in the last 2 minutes of pre-market, shares start getting dumped.
Yes, completely irrational against the fundamentals. But my guess is the short position against this company is likely the same people who are financing the company. Think of it as a hedge or insurance policy in the meantime.
So, on the premise of TA, we are filling the gap on the chart. $5.10 zone is where the dust settles. What a joke.