Post by
RazeKreations on Feb 12, 2021 6:07pm
Question
Can anybody make sense of the shares that have been traded the last couple of days?
Seems like there are a few people trying to keep the stock pcice depressed with tiny little trades that drop the price 1-2 cents. Some trades as low as 1 single share at a time. Just beats me on the purpose of doing that. Thats why earlier i said it seems we are in the twilight zone and good news is bad
Comment by
rjc7 on Feb 12, 2021 6:46pm
I think a combination of shorts trying to start a larger sell off in order to cover. OR the odd lots < 500 shares could be brokerage houses cleaning up odd #'s of orders on their books.
Comment by
RazeKreations on Feb 12, 2021 6:53pm
Thanks rjc7 yes i was thinking maybe the short players trying to save their butt. Such a risky way to invest clean up may explain the tiny little ones allright. I just thought it was so odd, never seen that before with trades of 1,4,14,etc
Comment by
tasman99 on Feb 14, 2021 12:18pm
MORE INTEREST TUESDAY ONCE MBX GOOD NEWS IS DISSEMINATED?
Comment by
Method on Feb 14, 2021 2:35pm
I sincerely doubt there are shorts involved in the name. It's probably just people who don't pay that much attention to fundamentals i.e. most investors these days, who are up on their position and taking profits. The vast majority of longs aren't as informed as you guys.