Lol how this scam mkt works.... huge volume premarket and early market, gap up premarket, excellent news of approval, huge buying interest, but it's all for nought because "they" want you retail investors/traders to lose big and not make a penny. they made you think a break above .50 cents in premarket, only to open lower and smash down probably by naked shorting which i believe is allowed for mm's/specialists by the sec via regulation sho--verify that info, i believe it to be right but verify it on your own. this is my observation and view of the market and i believe bernie sanders is right when he said repeatedly, "the business model of wall st. Is fraud"
It's rigged like an iron claw arcade in a 1960's circus in arkansas
and manipulation....huge buying interest as evidenced by the huge volume premarket sales in the low 50's and early morning and then market makers rush in to naked short and make retail investors and traders losers by overwhelming the sell side with short selling by the folks who control stocks---that's my observation and view on this market that Bernie Sanders called Fraud.
To ensure losses for retail investors and traders.
New jersey marker makers scrambling to naked short the good news and retail buying of orex.
I reiterate, as Bernie Sanders said, "the business model of wall st. is FRAUD. These market makers and specialists who work for the investment banks have a job description includes holding a stock price down until their clients or them get in. They will shake you out via margin calls, delisting, raising margin requirements, stop losses, bad articles, seeking allpha, motley fool, naked shorting, and whatever it takes until they literally buy the float of a stock----then they will take it up. Look at the countless oil stocks that went below a dollar from as high as $30 (52 wk high) that have gone parabolically up recently. These mm's and specialists don't create liquidity, they create and manipulate the price to benefit them at the expense of the retail investor or trader.
They won't let you retail make any money until they have shaken you out and wore you down and then "they" (satan) will board the train and the mm's will be the locomotive that will gap and squeeze it higher.
The satanic mm's are holding biotechs down by naked shorting and won't let it go up until satan boards the train.
GET OUT NOW!!!
ILL DO A BURNOUT FOR YOU SHORTS GET BURNED!!
GOOD BUY POINT!
you know the huge bash rig article yesterday
Satan bought more of the stock after he flushed out retail and transfered to himself and his buddies probably, that's my theory.
Seems that way. "fire in theatre article on rig yesterday created some opportunity to them possibly
daily parabolic up moves. no doubt they are net long.