Post by
hawk35 on Jun 16, 2022 2:57pm
phony sell off today
Look at the volume today. Less than 50% of the average volume yet Pembina is down more than 4%. Same thing going on with othert stocks. Volume suggest there is no panic going on. Looks more like someone out there is taking advantage and you can be sure they have nice short positions in place. These type of games have been going on for years.
No need to sell. Pembina will take off again once the next quarter is released and you can be sure the short positions will turn into long positions by then.