Thanks but I will be the first to say that it tanked more than I expected. The shares I bought AH's at 2.60 let me both cover and go long. There were 21k shrs at 2.60 shortly after the market closed which was strange since the stock closed at 2.78. One very strange trading day for sure. Looked like panic (capitulation) selling to me.
WGBS was pumped on Twitter by SuperTrades and his lackeys. It ralled briefly and then tanked big time. It has since come back all the way and has even traded higher than the pump price. Maybe there's hope for PTBI but now I'm just talking my book. lol
If PTBI is so tightly held by insiders and tutes, where were all those shares being sold yesterday coming from? Block after block of selling out of nowhere. Didn't even show on L2 just kept popping up out of nowhere? Very strange day.
Anybody watching level 2 yesterday could see that tens of thousands of shares were being dumped relentlessly. The shares just kept showing up out of nowhere. Level 2 didn't even show these shares on the bid and ask. Very strange but I've seen this before and it is never good. That said, I covered my short position from 3.80 at 2.60 and started a long position at 2.60. Wish me luck!
Superman pumped this to 4.50 and it closed at 3.30 the same day. Now Sheff pumps it and it closed at a new all time low. You can't make this stuff up. Anyway I was happy to buy a few long at 2.60
This is even worse than I thought it would be. Sheff got slaughtered along with all his lambs.
He and his sheep are getting sheered in preparation to get slaughtered. Seller dumping endlessly below 3.20. This has new lows written all over it imo.
Watching Level 2 is useless. So many shares coming out of nowhere. People keep talking about the low float but there are shares hitting the tape like crazy and they're mostly sell orders. Someone is still dumping. If this keeps up, new lows very possible imo.