GREY:ATBPF - Post by User
Comment by
aliasunknownon Mar 21, 2018 12:30pm
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Post# 27754118
RE:RE:Cannot believe it
RE:RE:Cannot believe itAlso lots of warrants exercised and absorbed by market no problem.
Jared1111 wrote: I suggest not worrying about this pullback too much as it seems pretty standard to me. Any time a stock jumps that much in one day, short term traders sell and some long term investors take a portion of their position off the table. Keep in mind the stock opened yesterday .79 and ended the day at .64 after 17,000,000 shares traded.
That means that everyone who bought yesterday is now down, and I gaurantee you that everyone who bought yesterday is holding out for significant gains after how positive that news was. I believe this will start a serious run very soon. This kind of pullback should be healthy and hopefully get rid of most of the day traders who aren't actually following the story.