Nothing wrong with collecting profit.
Duy, i'm thinking to sell all my shares today. I think it will drop back to around $3 next week.
Duy, I have a question, I see big lot buying and small lot selling, so is this shorts playing today?
seems to me that shorts are now turning VRNG around, so more dumping going on. I am setting a stop at 3.54 for half my shares. I didnt have time to watch the open today.
I chose 3.54 because its 1 cent below the current low of the day where they sold 221K shares real quick to get it down there.
It depends. If the small lots sold below bids, then yes. Normally, short won't sell the shares until they have the upper hand(s). They must know they have shares to cover.
If you look at GMCR and HLF, shorts acts stupidly and were wrong and have no shares to cover. They lost nearly $300M on each stock.
I hope to see shorts squeeze today!
Took 1/2 half off. Be safe.