TA opinions, page-98

Research..

Your post says pretty much two things.

1. you don't understand day-trading and you obviously tried and failed at it (thus such the poor choice of words to describe those who do it well
2.you definitely don't understand that day-traders who practice it often know better than investors how to size their position, such that any large selling would not be day-traders on a penny stock.
3. up and down by cents between two levels (support/resistance) is a day-traders and swing traders dream. They think of nothing better. The only case where this isn't true is 'break-out' traders who are essentially day-traders who look for good news to ride the wave up.
4.ANYONE who attempts to rationalise, justify or predict who is selling, when and why in an open market is quite frankly a fool who thinks he is smarter than the market. On a long enough time-frame I'd wager anyone who thinks this way will lose money.
5. In addition to above, assuming that any specific group is keeping the stock down, is akin to being completely ignorant that the buying pressure is not great enough to move the stock. When you understand that if buyers wanted in, as badly as you want them to want in, then the stock would be moving regardless of sellers. This is called observational bias, and is most likely the reason you could never successfully trade in short time frames.

Sorry if the above seems mean or cruel but this type of propaganda is born of ignorance and completely undermines any stock thread.