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Message: Correction.

 So, the “hit” article by Catherine Traywick did that dirty  job, (and she called LAC by name!) guess she helped some of her buddies  on a Wall Street  with option expiration this week. 

I can be wrong but nothing would surprise me with algorithm trading big market machine which can easily manipulate little guys  investment, just look at LAC SP suddenly dropping to $16 , (here goes someone’s  naïve stop-loss position ) and  miraculously recovering back to $18.

 I always thought that we had $18 as last resort support but $16 ?! Give me a break, obviously AE (or AL) can see all stop-loses and sell /buy what needed to be done to get there, and take those shares away.  Call me paranoid but I don’t use stop-loss any more.

   Regardless, LAC is oversold but gap will get filled, SP will be back at $20 sooner then later.

All ahead thru the fog.

 


Feb 24, 2021 04:19AM

Feb 24, 2021 05:33PM
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Feb 24, 2021 07:36PM
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Cal
Feb 24, 2021 10:53PM
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Feb 25, 2021 09:41AM
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