$MicroStrategy (MSTR.US)$ wanted to ask why short seller an...
$MicroStrategy (MSTR.US)$ wanted to ask why short seller andrew not charged by lawsuit for market manupulation that he did for MSTr yesterday
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HuangJeff : Why would short-selling lead to a lawsuit?
goodfortune OP HuangJeff : he annoucing publicaly and manupulating retailers
TechWhiz : Short selling is not illegal in US. If a fund can long and then recommend buy, why can't it sell n recommend a sell? Nothing wrong except that it shows fear is greater than greed.
The daily candle looked very bearish. The bullish momentum is gone for the moment. Expect margin calls, forced selling in next few days as weak hands get shaken out.
Wait for a oversold condition plus a bullish candle n volume to buy ... cheers
福贵吉祥 知足常乐 goodfortune OP : You must understand they played down the stock price by selling put options. This is legal trading. They are the big sharks with plenty of funds. They can also swing it up by buying call options. That's why retail investors must be smart and secure your profit as much as possible. Don't always think wait for it to rise further before taking profit. This kind of mentality is very dangerous. 50:50 is a good practice, meaning 50% profit secure first.