RE:RE:Bruce Campbell has SOLD all of his Quipt....ISCFA wrote "He's down 5% already....Buy high, sell low.....dumb!"
You missed my point....
Well. love or hate Bruce Campbell his dumping of his entire position of 100's of thousands of shares on the open market caused the stock to tank and allowed shorts to cover at a low price.
It is important to know who is selling or buying inorder to make an informed decision of when to buy/sell/short a position/cover a position or catch a bounce. .
Now that BC is done selling and the shorts covered, of course there would be a dead cat bounce.
That was the trade I was refering to in one of my previous post.
Happy trading and goodluck to all.....