TAAT Global Alternatives Inc C.TAAT

Monday price drop

[jim2979]

Could someone please explain for me how these shorters drive the price down every monday. Are they just selling the shares to each other? I notice in the last 15 minutes of trading the size of the trades are very small amounts of shares.   Thanks

[abecedarians]

I'm confused with your question...SP for the month of Feb has been pretty decent with green days each and every Monday.

[jim2979]

I agree abeced but today we open at 5.04 cdn, they gradually drive it down to 4.75 and we close at 4.80.  It seems to me this happens on a regular basis on monday and we usually close in the red.

[abecedarians]

Sadly, not much can be done about them shorters with the exception of that epic GME short squeeze

[Torcan81]

When the seller is biting the bid. I mean I've done it before you bite the bid to get out of a stock. Could be a cent or two down you settle for it. Depending on the current volume that day if it's not overly crowded with hype it's actually easy to move the price up or down. Shorts can easily drive the price down especially if there's not to much going on or the news is not all

[jim2979]

Thanks torcan, now i understand, so frustratting.  

[Happytaater202]

yes their selling too other shorts that believe they can make a profit off of each other by continuing to short the stock!!!. Basically the sellers overwhelm the buyers making the stick fall...an opposite of that when sticks rise the buyers overwhelm the sellers an you get a rise in stick prices...This usually done electronically an big volumes!!!