TSX:BBTV.DB - Post by User
Comment by
pacer217on Aug 13, 2021 6:01pm
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Post# 33704957
RE:RE:Dont get trapped
RE:RE:Dont get trappedYEP, Your warning plus two $$ will getme my morning cup of coffee Saturday.
Although experts are seldom 90 % right, there was at least 7 of them quoted here and other sites suggesting 12 month targets from $16 to $22.
What happened today was just a repeat of last six weeks.
Panic selling, some short creation- because it's easy money short term; Some who put stop-losses in too tight. You can see the volume /per trade was very small. Dozens of sells under 1,100 shares
each. What did NOT happen was any one selling to lock in a profit. ( Unless they bought Wednesday and sold today before 12 noon.
As i said before, Not enough large buyers / holders. With no proven track history ( only 9 months old), Too many young, very inexperienced day / week traders. Same thing happened to STC, FOBI-- two others I havewith the same wild gyrations.on a daily basis.