Well, I cant believe it - Im right 3 days in a row! "5.37 got...

Well, I cant believe it - Im right 3 days in a row!

"5.37 got hit then the same old expected short selloff false start pattern today.... Any bets on another shorting attack tmrw so these young punks can get another $100k from you retailers tmrw?"

A shorting attack and false start pattern yet again, rose up in first 20 minutes to trap the buyers/amatuers and right on cue a sustained shorting selloff right on the price i stated of 5.37 being the prior top of 23 May.
And it was rather vicious till it hit the floor at 5.26 at midday 12-4pm and stayed there to its closing auction. Looks like some covered their shorts by buying at just before the close at 5.27 but even this didnt hold.

Nice profit 10M x 5.27-5.37 of 10c = $100,000 in a days work! hahaha

Ive been warning you guys for months, the shorting Instos control FMG stock price and volume, the share register is full of them and looks like they easily hand out their shares on loan to their trading desks and other punks to short them on days like this.

So a long red bar 12c body 2c tail 1c wick, another terrible candlestick pattern today thats 3 ina  row coupled with a red shooting star means stay away, they look like they are targeting a short all the way down to 5.00-4.70 yet again using 10M shares or $50M invested daily.

Can FMG please do a trading halt at like 11am for a week and then announce positive news to get back at them or are they going to let this slide back to 4.70 yet again?

Wait for the 6 month bear trend to break by August perhaps and the capitulation sell trade which has appeared with solid buying around 4.60 recently. Tmrw expect red & another false start shorting pattern and stay away.