Interesting excerpt from an article on downramping (*) that I thought was worth sharing given the prime example on AMP threads.“They’re not necessarily long-term believers in a company’s story. Their investment horizon isn’t three, four, five or 10 years, their investment horizon is probably three or four weeks or maybe a day if they are a day trader.
"We’re seeing it on a particularly significant scale at the present time.”
BEWARE OF DOWNRAMPING
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$1.13 |
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| Open | High | Low | Value | Volume |
| $1.14 | $1.14 | $1.13 | $363.9K | 321.4K |
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| No. | Vol. | Price($) |
|---|---|---|
| 22 | 98107 | $1.13 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 110995 | 15 |
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