Longs, I am sorry to write this but this is the way I see it.
Bulls failed today, I sold first half of my position because I had too much.
Bought much more defending the stock yesterday. Later, I saw that bulls are too sleepy and $MLNT likely will slide.
So, this is the reason I sold the rest. As I see it now it was the right call. Bears setting this up for a kill.
I do not have any short position as some of you may assume, not looking to get into one.
I short what is way too high and buy what I think is too low.
Shorts that are working this stock is criminals and they sold this float many times, don't know how they can get away with this.
They will want to crash it and go for a gap close, creating panic sell off. I will try to go long again when set up is more safe for me.
Good luck to all, I wish this will not happen.
Bulls failed today, I sold first half of my position because I had too much.
Bought much more defending the stock yesterday. Later, I saw that bulls are too sleepy and $MLNT likely will slide.
So, this is the reason I sold the rest. As I see it now it was the right call. Bears setting this up for a kill.
I do not have any short position as some of you may assume, not looking to get into one.
I short what is way too high and buy what I think is too low.
Shorts that are working this stock is criminals and they sold this float many times, don't know how they can get away with this.
They will want to crash it and go for a gap close, creating panic sell off. I will try to go long again when set up is more safe for me.
Good luck to all, I wish this will not happen.