Price is $4.52 right now. It dropped sharply at 3AM. I expect this to be a buy sign for large institutions.
HERE COMES THE CHEER LEADING SECTION!!!
Shorts posting. Ridiculous time for shorts to consider giving their money away. Hey we will take it though. C will be up from $4.51 no problem.
as you know buddy holly was from lubbock
Anyone else seeing a 3 day base on the 5 day chart?
After 20% pullback five&half to 4&half
Dropped to $4.30 on 9/2 at one point last week and came back directly after. $4.50 appears to be short term support level. I feel that after USG finishes selling their shares we will be looking at a pretty fast rebound. Institutions are just sitting on the sidelines waiting to come in. They want to see the price get hit pretty hard by the USG sell off first though.
thought it might of had something to
do w/ buddy holly
why do you think your view is correct
Because it happens more times than not. If you watch the pre-market activity, it usually tries to either shake out the weak or suck you in. After the first 45-60 minutes, thinkgs get back on track.
Makes sense. The MM want to scare the people on the fence out of the market by imposing their own sell orders. When the weak get out, they come in and scoop those shares up. Why? Because they want those shares. In this business, 0.10-0.20 can mean a lot of money. And they try it every day.
The same applies in the opposite direction, if they want to shed themselves of shares.
That's all for todays investing 101.
She is a woman?