Post by
freeradical1 on May 10, 2021 10:36am
Zero support
13% drop to $11 on 25K shares.
Comment by
DaNixon on May 10, 2021 8:27pm
that's what I was worried about when you mentioned how many shares are unlocking. This stock just moves so much on low volume, and we're clearly seeing an absence of buyers (it's not isolated to WE by any means) as the price continues down. Hate to try to catch a falling knife, but at some point it's gotta bounce.....
Comment by
Baconator on May 12, 2021 1:59pm
Seems to be some support at these levels. I'm going to hold off on getting back in until after the earnings are released. I'm sure I'm not the only one in that boat.
Comment by
freeradical1 on May 12, 2021 5:29pm
Selling pressure appears to have dropped and volume back down < 10K shares a day. Not much incentive to trade prior to the Q1 results and we see if insiders start to offload their cheap options or stock once their window opens.