RE:RE:RE:RE:RE:RE:Today’s tradingWise or foolish?? Good question, WK, It'll be answered within time.
Almost a million shares have traded so far in February but some insist on callling the trades phony, the volume phony, and being held down artificially. I've been reading this for 8 months now. The more it goes down, the more phony the trades seem to be. LOL.
It's true that some hedge funds might artificially try and hold a stock down but that only lasts for a week to a month while they wait for something substancial to be announced but there's no beneficial reason for any fund to hold down a stock for months. NONE!! Hedge funds don't waste their time holding down a stock when they have nothing to gain, and it's crazy for anyone to believe that everything going on with BITK trading now is phony..
GL