will use any rally to lighten up on long positions.
they know that the rally off the $5 level was mainly fueled by shorts caught by being ill timed in a bear trap. That as that process runs its course that downward pressure on HK will likely resume.
They know that HK earnings are going to be disappointing, that more debt and dilution is ahead.
They know that the general market is risky now.
They know that the general market correction we are now seeing is making MANY much better companies than HK come down to prices that will be attractive and much better short and LONG term investments than HK.
valueman60, do you seriously not have anything better to do than daily/hourly posts on HK? For you own mental health, I think it might be time for you to step away from something that has become an addiction for you for some reason.
Glad to see someone on this bd that knows what the Institutional investors know. I'm selling all my long shares right now based on what you know they know.....I need to go short at this level because I know that now that you've let everyone else know what you know they know, the pps will drop past all reasonable support levels, You know what I mean?