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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$1.32 |
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Mkt cap ! $3.368B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.33 | $1.31 | $20.75M | 15.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 207509 | $1.31 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 8013 | 1 |
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