The AH and PM of the past 2 days have been doing very well. This shows that some people feel like the sp can climp up, the problem is that many people sell during the day because:
1. They were palnning on selling around this time.
2. The noticible price drops makes people panic sell or encourages people who are planning to sell to get out quickly.
3. The price variations the last days has made it easy for people to come in and out of this stock.
My sentiment is to hold or buy the stock (it's at at cheap price).
I want to know what your opinions are about all this, let me know....
i think the nonsense about the shootings in DC will have zero effect on sales even though the talking heads will talk their game..
They won't point to the real cause of mass shootings, until SSRI drug pushers (the real gangsters) are not allowed to advertise on prime time.
I think it is hedge funds or someone with millions of shares unloading. I would even bet someone is trying to inflate the price in pre-market so he can unload alot of shares after the bell.
Plus it looked like there was a ton of short term call options hoping for a short term pop. I suspect it will be held down like a balloon in water until the next expiration.
Yes, I do agree that this stock has had some supsicious movement over the past couple of days.
Manipulation for this stock is a reasonable possibility due to fact that it's not strong enough to sustain against HF manipulation.