Ultratech
:
good find. expect it to fall lower first its up 27% and then down 13% these are manipulation numbers whenever i see 30ish percent be careful it can retrace either way not always buy the dip
Lnova
OP
Ultratech
:
My average is $1.77… I don’t know what to expect… it went up above $9 premarket yesterday… but it’s pretty low volume and I think also shorted
Lnova
OP
Ultratech
:
I already have it so I just set limit sales at $3 incase it wants to do that again. But I don’t really understand why it went up to $9 yesterday in the first place
Iwill TradeScared
Lnova
OP
:
Stock is low float less then 10million below 1$ price also heaving shorted from very top may be short squeeze of non meticulous short traders or even can easily manipulate with little bit big money buying in pre market or previous trading day post market careful while buying pre-market if you do exit as soon as possible with some gains or small loss you will not get enough time to judge non-market hours volatility
Rockhoundj
:
I think the squeeze we saw was from large volume buying sitting aloft long holds. Market opened, buys and massive sell off and shorting. As the day finished we saw shorts covering some of their positions. Price increased. After hours sell off as usual. I don’t think the short positions are covered entirely. Me thinks Monday it gets another squeeze
Ultratech : good find. expect it to fall lower first its up 27% and then down 13% these are manipulation numbers whenever i see 30ish percent be careful it can retrace either way not always buy the dip
Lnova OP Ultratech : My average is $1.77… I don’t know what to expect… it went up above $9 premarket yesterday… but it’s pretty low volume and I think also shorted
Lnova OP Ultratech : I already have it so I just set limit sales at $3 incase it wants to do that again. But I don’t really understand why it went up to $9 yesterday in the first place
Ultratech Lnova OP : it happens randomly and may or may not happen again.
Lnova OP Ultratech : right, I’m not waiting for $9. Hopefully will go over $2. I found the chart interesting, if you look back the past few weeks
jimmy the trader Ultratech : Might retest 0.95 range
Iwill TradeScared Lnova OP : Stock is low float less then 10million below 1$ price also heaving shorted from very top may be short squeeze of non meticulous short traders or even can easily manipulate with little bit big money buying in pre market or previous trading day post market careful while buying pre-market if you do exit as soon as possible with some gains or small loss you will not get enough time to judge non-market hours volatility
Rockhoundj : I think the squeeze we saw was from large volume buying sitting aloft long holds.
Market opened, buys and massive sell off and shorting. As the day finished we saw shorts covering some of their positions. Price increased. After hours sell off as usual.
I don’t think the short positions are covered entirely.
Me thinks Monday it gets another squeeze
Lnova OP Rockhoundj : hope so
Lnova OP Iwill TradeScared : non meticulous short traders
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