GREY:XEBEQ - Post by User
Post by
tamaracktopon May 03, 2022 2:52pm
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Post# 34652160
Near historic lows, sellers get tired... Buyers don't
Near historic lows, sellers get tired... Buyers don'tSellers get tired.
Many of them are selling only because they're sick of owning it, and this group is limited in size.
New buyers aren't sick of owning it because many of them haven't even owned it for a day yet,
and this group is potentially unlimited in size.
lol
A major oversimplification, but essentially true nonetheless.
The stock just weathered a fairly quick 300-point drop in the dow and a 185-point drop in the Nasdaq very well.
$2.26 now on 212,000 shares.
another 200k today puts this well over $2.30.