Hi mita, yes agree completely about what I would call "day...

  1. 883 Posts.
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    Hi mita, yes agree completely about what I would call "day trading chaos" and there being a pile of phantom action to generate transactions and fear in the market. We saw plenty of that yesterday and the 14% short (thanks scouse) confirms that there are a lot of sharks out there doing exactly that.
    If you have day trading systems you can have a whole series of conditional trades in place to support your strategy I.e. With CFD's and these can heavily influence a small caps trading. Add to that a bit of uncertainty (FDA) and risk (single product) and you have a sharks paradise.
    best to stay away from the screens and await good Q3 sales....Although, as The Fool says, at $1.50, it is approaching bargain territory.....
 
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