GREY:BLEVF - Post by User
Post by
Mase217on May 01, 2018 9:59pm
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Post# 27967791
Explanation for the Decline
Explanation for the DeclineOver the past 2-3 weeks per level 2 data one “Anonymous” brokerage or person(s) has been dumping 200-300k shares daily. I am convinced this is one person or group brining down the stock. This has been, for the most part, the only house that has been selling more than its buying. I hate pulling the manipulation card but this feels like it. On a stock with low float like this one dumping his many shares daily could easily bring it down.
I hate that it’s been brought this low. My average is 2.10. Every time we get an oversold bounce this brokerage or person brings us right back down. We could see 1.10 before it stops.