GREY:FGBDF - Post by User
Comment by
cavinsinon Feb 05, 2018 4:35pm
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Post# 27506808
RE:RE:RE:largest ONE day selloff on DOW ever !!
RE:RE:RE:largest ONE day selloff on DOW ever !!Thats exactly what they do, lured retail investors then they short the market, Why? they are pissed off because everyone one can open account and start trading on their own, so the brokers are not making commission. I seen this so many times, Look at WEED stosks Every beokarage and financial institution, missed MJ upside while retail guys were making millions, Since it was to late for them to join party, they started shorting with 20% premium to borrow shares, Did it work? sure, who lost money Late commers retail investors.
Lets look at WEED $ 42 P/S two weeks ago, One analyst on BNN said he is paying 20% premium to borrow shares In this case, to short it, he has to be sure that shares are going below $ 34, for him to make money, As of right now he did OK, He is in the money.Who last?/ retail investors that heard stock price is going to $ 60. and purchased in the 40's,
It's just psychological game nothing else. This correction may rerally turn ugly, will see