Post by
bankerboy28 on Nov 07, 2013 10:19am
Pattern to trading
Results coming out on November 15....some investors put in stop loss prices if they have a good gain and the big traders take advantage of that information and clean them out picking up cheap shares....the shares were down yesterday and bounced back up again....this mornings down trading so far is small volume from investors that did not sell yesterday and now are panicking to get out and then the stock should rebound up later today after the fear factor has cleaned out some investors...the sell lots are smaller in most cases than the bid...
This is a growth stock and price will whipsaw down one day and panic day traders and rebound way up the next day and make them wonder why they paniced and sold at a loss....investors have to ask do they think the Q3 results will be positive and do they see this growth company being much higher in price a year from now....my answer to both questions is yes.....BB28