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Sunniva Inc > No reaction from the market today

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Comment by sunrizeon May 01, 2018 5:35pm

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Post# 27966902

RE:RE:No reaction from the market today

Thanks, BuddyGuyMan. Hope this turns around. It's been a t**d for a while now.

BuddyGuyMan wrote: I've noticed this pattern quite often in the market..

Day 1. Earnings come out which seem positive
Day 2. Stock goes down
Day 3. Stock goes up and continues upward

It's like the market takes a while to digest the numbers and a lot of investors wait to see which direction the stock will go. Shorts use this time to cover their position. Then the stock finds it's legs and moves upward and remaining shorts cover, propelling it higher yet.

We'll have to see how the rest of the week plays out, but this would be my best guess.

sunrize wrote: Thoughts? In fact down a bit.