Post by
pacer217 on Mar 10, 2021 9:07am
Few serious "players," Lottsa Gawkers!
The three of us Longs; + two Manipulators / shorters . This is the third day in a row where someone
has put a false bid 20% or more above the last close (now @ $11.88 !). Then they walk it down systematically to the open; trying to create an urgent "BUY" flavour among retailers. THEN they short a few thousand from that higher level.
One of these days they will be burned as the price may STAY above $10.00 where is should be anyway --- actually it should be above $11. or $12 based on that very profitable Quarter!
As I type this the pre - bid has already dropped to $11.09 , and games / cheating / manipulation is ongoing! That is better than yesterday at this hour1
Comment by
pacer217 on Mar 10, 2021 1:34pm
It's not that I can "see" the shorting, just when there are maybe 120 lots on the BUY side and maybe 40 lots on the sell side five cents higher, and yet the seller hits the BID hard with bigger volume. Those are NOT the ASKs coming in lower, that is the "Pros" from the sidelines controlling the action.
Comment by
OkanaganDad on Mar 10, 2021 3:50pm
I would be interested in knowing what you find. I bought in based on the initial analyst's amazing reports, and then held on after multiple positive updates. So dissappointed in myself after the silent reaction to the 40% increase in revenue. Only myself to blame.
Comment by
pacer217 on Mar 11, 2021 4:17pm
I would NOT analyse the overall #'s so thouroughly, having been a gowing concern for about nine weeks up tothe reporting date. They are working / promoting the market they entered very aggresively and things will play out correctly - good or less by May. The Analysts (3) who are opining here seem not to be as stressed as you.