RE:RE:RE:RE:Bought below $10-Dumping!!!bago wrote:
it doesn't matter the oil price tomorrow. MM's have been stealing shares all day on this one as well as some others. They can run it back up 5% and sell it with oil down. That's how they work when you think it's going up it goes down and then the opposite happens.
The #1 way you know that someone knows nothing about investing is when he blames market makers for every movement.
Have you considered that large holders are dumping? Sells in the last 30 minutes of a trading day are indicative of institutions. It’s not a coincidence that 90% of the time, CPG gets dumped in the last 30 mins of a trading day. Look it up, you’ll see the pattern again and again.
The catalyst, at least this week, is the earnings report, as well as the fact that management won all he board seats. That means there will be little change.