can anybody give me a reason why people are selling this stock?? These guys must be really brain damaged.
Why sell? Price action.
Price went straight up for 8 of 10 days, and has now run out of steam. Pretty weak candles last 2 days. I would take some off the table for now if I were you.
Good luck to all.
becuase they're short..... Covering in small blocks.
Shorts quietly covering... Once that stops, the insider selling will start a panic on the downside, the shorts will pile back in, the "longs" will take profit, and this POS will be back to sub $10.00....
Wash, rinse, repeat.