Atlas Salt Inc V.SALT

Thought $3 might hold

[goldanalyst]

but she's down hard this morning on heavy volume.
Let's see if we can finish the day above that all iimportantt support level

[Liked2Think]

Distant memory now

[Donwaan]

SALT is doing the exact opposite of what I was anticipating heading into the spinout date. It's not the first time I've got things wrong but it is very disappointing nonetheless. I guess SALT is only worth what the market says it is in contrast to it's potential value.

[Donwaan]

Did alot of good people just get played this morning and shaken out of their shares. It does make one ponder!

[retiredcf]

The vast majority of today's trading volume was in the first hour when our SP tanked so perhaps a fund liquidated their position. Since then, we have been on a steady upward trend so there's certainly potential for us to close in the green. Either way, this is one volatile stock. GLTA

[Liked2Think]

I guess anyone can have a reason to bail out of a position including a fund even though seems like a strange time to do so.  The recovery was a nice thing to see but closing down 15 cents I tend to agree with the decrease to 2 bucks as the next poster commented. $3 looked like it was going to hold.  It looks like people saw it climb back up to even and figured it was their chance to get

[Scionxb777]

Roflmao you are simple you think if it doesn't hold at $3 it goes to $2 lmfao you are strange 

[Donwaan]

Now begins the run-up to the September 21 record date for TPL shares. How high will SALT go? $3.50 perhaps?