Lemee demonstrate what exactly is happening with BGS.
Price is $0.45
Retailer A: "Yay, I bought in at $0.20, I made my bagger
Lemee take some profit"
Retailer B: "Oh no, I bought in at $0.51, it's now $0.44 ... I should cut my losses! Screw this BGS"
*Sells at $0.43 and an extra 300k shares are sold into $0.42 due to a trailing stop loss*
Retailer C: "Oh my God, I bet there is a gas leak! 300k shares OMG that must be GAS. I'm outta here too!"
***Hotcopper is going crazy about GAS leaks and Sprott strategy***
Retailer D: "I can't wait any longer. I could have made bags with GPP. I'm out too!"
Retailer E: "I bet you I can sell out now and buy in lower. I heard from HC that there is a trading strategy called Barney trading
I'm selling too!"
***Meanwhile at GAS land***
GAS: "These retailers are a bunch of nut jobs thinking I'm dumping when in fact, I just snared they poor shares"
Cycle goes on and on until SP is $0.285.
