Jun. 3 at 12:49 PM
$MPT My first true trade love lol. Watching this like an eagle! Can you feel it/see it in the price action? We all know this
$5 line is becoming more and more of a battle ground.
You can't ever truly know what the company is doing behind closed doors (also why I laugh at people and the belief fundamentals mean shit all.)
Price action, price action, price action. The overall market participants are showing you the true (with current information) stock value is
$5.
When volume dries up like it has, typically (99% of the time) means both the buyers and sellers are waiting for further news/information before choosing to stay as a seller/buyer or to switch sides.
This is where the liquidity event often takes place. The side that is changing to the other will push price in the opposite direction to gain more shares at a cheaper price so they can feel good about their position.
This is big boy money I am speaking of. This has nothing to do with retail. We don't have enough money to move anything
