Post by
blackjackall on Aug 06, 2020 11:21am
Breaking down
When, not if, it breaks below $9.50 it will go and fill the gap between $4 and $5. That is a msaaive air pocket right there. Dominoes my friends, dominoes
Comment by
Moemoney42 on Aug 06, 2020 11:24am
Anything is possible in this wacky world blackjack..! But I'd say there's a fair amount of support near the $8 mark..?
Comment by
Moemoney42 on Aug 06, 2020 11:27am
Could also find support at the 30 day MA.. seems other companies are acting in the same manner..?
Comment by
hotstocks1 on Aug 06, 2020 11:27am
What gap between $6-$9??? It traded millions of shares between those figures. Now I know for sure the shorters are relentless. Good try ! We're getting close. The shorters had better start rethinking their strategy.
Comment by
Moemoney42 on Aug 06, 2020 11:31am
Another possibility could be a financing in the works... very often a stock price will get walked back to a level where big money will be willing to advance funds in a financing arrangement..? Lots of moving parts to this story..!
Comment by
stingray88 on Aug 06, 2020 11:50am
This does certainly make sense. I thought the 40,000 sh ask was a scare tactic but got chewed up. That was a $400,000 purchace in 1 swallow. Something is up.........or more appropriate down.