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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (65654)12/9/2020 1:27:06 PM
From: IntoOLEDs  Read Replies (2) of 78776
 
Re: UNFI
Yes, Madharry, the call was at 11:30 EST or 8:30 PST and was quite reassuring. The gap down appears to have been a manipulative dip for market makers to pick up an inventory of shares on the cheap (before that call). Glad I bought more and almost caught the bottom. Even picked up some LEAPS. Anyone familiar with Richard Nye? He wrote about this behavior extensively and I find it quite handy for trading. If we end todays trading anywhere near yesterday's closing price it will be a strong confirmation of my theory. :) Good luck !
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