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Message: Re: The crazy thing was the run couple of weeks ago...

IKN...

IMO retail got excited about the upcoming Q (deservedly so).. the MMs let it go up.. the flippers/traders had purchased fairly low and rode the momo.. Swartz then hit his sell point @ ~.62 and completely stymied the mo as his selling pushed the sp down  (along w/ the traders following suit).. we were eventually able to get back up to ~.58 before it happened again.. now IMO retail is very leary of the trading action and Swartz' continued selling as his price is hit.. IMO Swartz reduces his selling the lower we get.. it appears to me he is comfortable selling in the mid .50s

Hopefully, tomorrow changes the pattern..

jmo.. ikn

 

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