Post by
Beluga2020 on Mar 17, 2021 11:06am
Fire sale
I got in this morning. Any ideas as to the reason for the price collapse since its high? Is it being systematically brought down for a financing?
Comment by
GoldenArm on Mar 17, 2021 1:58pm
It's being brought down because of the enthusiam drove the priice up to an unreasonable amount. Now the weak hands are bailing and the short seller (if any) are helping them. Also consider that Banks and oil are up 25% you can see where the money went. Next support level is 1.85.