Or is this accumulation from tata or any other interested party?
People who trade channels believe in their strategy even tho they mainly lose most of the time. What they see is someone having a good streak buying at the bottom and selling near the top. The trader posting that winning streak doesn't post the times they lose money and if they do it doesn't matter cause that's on a different message board of another stock and no one is following he or she so they only read the posts of the positive streak. Then they read similar posts of other traders having a good streak on other message boards and wrongly conclude that trading the channel is the way to trade. You can't predict a top or bottom. You might have a winning streak and see others having winning streaks as well and conclude that you and some others have superhuman powers to predict the future but you know you don't and your losing trades and stagnant acct value proves it. Wake up and stop thinking others have that special power. Fast money lmao. Buy low and sell high and LOVE the shorts. They are the ones pounding stocks down to ridiculous lows which gives us longs awesome opportunities.
I didn't give the thumbs down but I never trade a channel. You will see a channel and see posts of someone trading it. Somehow these guys have a crystal ball to know when to buy and sell. They are amazing. You almost think they have God given abilities to predict the future. Don't get sucked into believing that. Yes some have a streak where they buy close to the bottom and sell close to the top mostly based on charts. But don't be fooled, they lose in the end. If they were right as much as you believe they are then they would be wealthy beyond belief in short time due to the compounding affect. Just buy low and sell high. Give this stock a price target of 9 bucks then find another beaten down quality stock. No one can predict the future. Just use your best judgment as to the most probable direction a sock will move and don't be fooled by all the BS lol
Nothing lasts forever. It will break out just have patients. Don't get sucked into the illusion that the swing traders make money quick and consistent. Most end up broke just as ALL strategies most people lose. Shorts make money till that one big uptick wipes them out. Buy low sell high. Keep it simple and don't take things at face value. Most of the posts bashing and pumping are worthless noise
Its crazy cheap!
I'm not in this stock but if you are long id seriously ignore any negative bs on this message board. The car will sell to a narrow market but it will sell and the company will do fine. The bs gets old lol
Even if you can ignore him/her's spam another one with a different user name will post more spam. Are you going to try to ignore them all? Im with you tho that the spam gets old. I wish yahoo had a solution. Anyways go zagg!
Love the chart!
Sentiment: Strong Buy
Cant win them all. Good luck to all
Orrrrrrrrrr there were NEW short positions taken. Just a thought
Sentiment: Strong Buy