Post by
ruben12345 on Dec 07, 2015 11:32am
low volumes continue
i doubt there is real strong reasons for the sell off as volumes are and have been very low
Comment by
Money10179 on Dec 07, 2015 11:40am
Fundamentally, there is no real reason to sell. If you're a long term holder and got in cheap (low30s) AND the company executes. but short term, there is every reason to follow the charts until there is volume to convince otherwise. obv algos are taking advantage of the weakness here (lack of volume)
Comment by
Marcel7 on Dec 07, 2015 11:51am
How exactly do you think algos work? I think you may not quite understand quite how they work.
Comment by
Money10179 on Dec 07, 2015 12:06pm
im not going to even pretend to know what algos are thinking or why they do what they do. but its based on ta at the end of the day. if no one is buying, they will continue to sell. for less. im sure that programs are in place to look out for negative indicators and they will not fight the trend