Post by
Vinnie3 on Aug 30, 2022 1:25pm
I think I know
Sometimes when there is news out and its really good for a stock, and then it turns out a deal may not go through it becomes a big party for shorting, this would rxplain why YRI would go down more percentage wise than the average gold stocks . Once the algos used by shorters sense the momentum slowing to the historic low price of many years back they usually leave which is where we are close to. There will be a short squeeze and they mnow that but today the big picture is gold stocks are down, just wait for an up day, those algos will be buying back yes but especially they will stop making 133 trades a day , buying and reselling, big time spoofing (I see it and will complain) and creating false volumes on the buy and sell sides out of range and leave like crazy, Its all illegall of course but the TSX police will never go there , lack of staff.But i may make them aware of what I see.