of course it is. The entire market selling off. No one, even you, will buy it. That is why it has been falling -7% for today and yesterday and -4% on Friday.
one more day tomorrow of falling -7%; that would be 3 days in a row of falling over -7%
The MMs and high frequency trading computers con people with back and forth trading to make volume and gets dumb retain buyers to buy at the top over $9 for millions of shares, then, since there are no real buyers, the MMs bring it down easily with forced selling and repeat the cycle,.
Watch for it. Just panic selling as this will be below $7.50 tomorrow and close to $7.40
Dude, from January -May it fell from $14 high to $5.20 on LOW VOLUME of some 200,000-300,000 each day. It jumped to $14 from $6.20 on HUGE volume. no one would call that 5 month price action bullish. Though an idiot might.
Makes you sick.
We just broke the day's low and at $7.75 now. Everyone is just selling and the Market Makers just bring the BID down to catch the forced sellling. No one is buying but the market makers
Back down to $7.77....the pumpers will not buy as they know it is falling further. But, they try to convince newbies to buy and saying things like $40 by end of July. How much are they paid to do this #$%$?
This last our of selling from forced margin sellers is going to be ugly. Look for below $7.50 tomorrow
OUCH...Look for breaking $7.70 before end of day.
Posters keep saying it going to $40 by end of july (the same guy who originally said end of June, but when that didn't happen he change it to July)
if that's the case, why doesn't anyone say they bought a bundle? They are all scared.
go back to January -March when it fell from $14 to $5.20 and you will see trading days of 200,000-300,000 shares only as it fell. You have no idea this will fall to $5 again...
Broad market sell-off even Facebook, Apple, etc. selling off. When the big funds move out, the tide goes far, far out and you will get killed.
More sell-off tomorrow. No one cares about buying it here as they all know more selling to come.