It is not about whether I trade it or hold it.
It is about observing what happens in the market.
I'm not about having some thought bubble - oh I think UNS will be $1 by the end of the week.
Do you ever look at the NAS chart of UNIS and look at the volume as the day goes.
Nice open today then the SP down on small volume - a couple of hits at 62 on small volume.
Just before 3pm it hits 62 again and wham 95k and 118k vol.
WHAT caused that!!! WAS it just an accident.
Check short analysts website and see the pattern. SP goes up and then the short % kicks higher to 40-50-60%. The SP goes down and then the short % decreases. Seen it so many times I can just about predict it to happen.
Now if it isn't the shorts/ manipulators / HFT moving the SP around - I ask who is doing it? Like to hear your answer.
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