RE:RE:RE:RE:RE:One year ago todaydonmayne wrote: According to shortvolume.com, 81% of yesterday's heavy volume represented short selling. I expect the same today.
When/if the short sellers take their profits, they will see the share price rise as quickly as it fell.
The volatility, however, disillusions the long term investor.
https://shortvolume.com/?t=vmd
Thats right, they run it down with shorts till it gets sluggish or volume picks up on the buy side, cover and then run it in the up direction till it gets toppy and then back down you go. 5% to 7% every second day is more then pocket change & plenty of room to manover if they dont get it exactly right every time, just look at the 30 day bar candle chart,,. Its a nice business if your pulling the strings,,. Fundamentals here have nothing to do with the movements or direction,,.