Impossible to short on low volume
Guys, today might be your worst day in APP... the day that makes you think everything is over!
These guys are not done... they need to cover... strangely, CIBC killed the support with a last minute trade yesterday, and they are on the bid at this moment... maybe they aren'T related to the attack, but who knows.
What you have to remember is that for these guys to succeed, they need volume. Yesterday, the 3 stocks that were the most traded on the CSE were SX (50 million shares) IDK (15 million shares) and APP (10 million shares!) So if you think this is not an organized attack and that it as anything to do with the value of APP, you are wrong.
Now, let's say they keep shorting and selling it to bring it lower (I assume we will see this in the morning) on low volume, they need you to panic and then sell them back your shares for them to cover...
IF NOBODY MOVES IN FEAR, THEY WON'T BE ABLE TO COVER, AND THE SHORTS WILL STOP!
If you act in fear, you sell your shares into their hands and they win... they want volume to succeed... if everybody holds their shares, they won't be able to play their game... let them drive the SP down this morning... but don't panic! IF THEY SEE THAT THIS GOES DOWN 0,10$ ON ONLY 200K shares, they will have a problem... If they see nobody panics... they will have a problem!
So guys, I know it's gonna be hard, I think it won't be a good day... but hold on!
Remember, the ICO will be successful and this will bring millions of $ in APP's bank account... this was the best story out there 2 days ago... did it change?? Actually, you heard good news yesterday!
Hold on, and this will soon be history!
GOOD LUCK, KEEP THE FAITH TODAY!