Re: Premarket trading
in response to
by
posted on
Jul 11, 2023 06:33PM
(Edit this message through the "fast facts" section)
Looks like some folks got severely fleeced yesterday early morning. Wonder who initiated the insane run at 5am? And, on what basis? Was it a Reddit type crowd?
Were they confused between $5 USD, $7 CAD or Euros when putting in bids? Was it loneeagle that shorted at $7 and claims to have made a killing by 7am?
Mostly tiny orders of ridiculously little size. It was like a high school, kiddy training session. Hardly any full board lots going through. Defintely little Broker partitcipation. Oh well, not for the inexperienced or faint of heart. Play at your own risk.
Technicals were way over-heated. But, in the old days, we could have run for a few more days. Unfortunately in this day/era, markets are broke and troubled.
Now, back to all this Toyota / partnership / bus / truck speculation. I'm still waiting. We need real news if we have any hope to hit $10-15.