OTCQX:GTBAF - Post by User
Post by
Goaweighon Jul 16, 2020 10:13am
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Post# 31275372
Maybe someone is trying to trigger the stops because these
Maybe someone is trying to trigger the stops because these " sell at market " orders first thing in the morning have been going on for ages now and I can't believe people are that stupid. There must be a .50 to .70 swing from the morning lows to the close every day or almost every day which is stupid so I'm thinking someone is trying to start a cascade of selling by finding that sweet spot where people have put in stop loss orders, maybe they think it's a nice round number like $ 16.80 so if they can trigger that then the sells will automatically kick in and drive the stock to $ 16.50 and they can scoop up 50,000 in the ensuing panic.
Don't know but I start to wonder when I see the same stupid behaviour 365 days a year, can people really be this stupid.
Guess it could be dam foreigners with inefficient trading platforms too..LOL !