GREY:GBCHF - Post by User
Post by
falcon51on May 03, 2019 10:50am
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Post# 29706419
Todays Action
Todays ActionWow! BTC on a tear and were dead in the water, any of you play penny gold stocks? Gold rallies $20.00 on a day and the penny gold stocks just sit there, why does this happen you ask? Well it’s quite simple, 2 things move stocks, massive Retail buying volume and the brokerage houses that set up the run up ,who are the ones that are in at the bottom. When a sector starts to bring in lots of interest the MMKRS start to put out little test runs to see if Retail is willing to jump in , once the interest really starts to show up and the test blocks of shares get taken out then they just sit back and feed the buying frenzy, that’s why most buy high and sell low, they only see the euphoria and want a piece of it at what ever cost. The smart money is selling into the huge volume until they have unloaded all their cheap shares and then initiate a massive short attack , that’s the gap up open on huge volume followed by drop back down, all the retail that got caught up in the top are now sitting ducks. How this pertains to Fork is that a lot of you bought in at $.02 to $.025, MMKRS are not going to move this stock without heavy volume from retail, until that happens we will probably stay range bound. Even news releases are having very little impact on the share price, so my advice for people here is to just sit tight and be patient, we have a good thing going and BTC is on the rise, it’s only a matter of time for the tide to shift . Just my 2 cents that’s all. Cheers