$Aterian (ATER.US)$ Some groups of peopke obviously dun want...
$Aterian (ATER.US)$ Some groups of peopke obviously dun want to see ATER rise. It went to 9, and immediately got short back down again. What are they so afraid of?
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Zyadadi : It's day trading. They invest large amount of money so even if it only gain a 50 cents to a dollar they still earn at least a few k... then they repeat the cycle until the stock cool down ppl lose interest. Then they move on. But its my own opinion and observation, i could be wrong
Andre88888888 : Inflicting maximum pain because call options strike at 10 expire today
今天吃饭去 : They are afraid of Losing money because they are shorters
Pcube : Look at market sentiment. MACD is not in favour, still far from signal line crossing. Bearish pin bar means flush down to profit from mostly retail investors. ATER went down from high because of the news of using stocks to pay debt. I suffered huge losses then. Continued to hold, and didn't make sense. Just stop loss and move on. When the time is right, enter again. No one is afraid, everyone is just profiting from one another, especially those who know the market so we'll, like market makers, hedge funds, professional traders.