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Gold/Mining/Energy : Verde Agritech -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (16098)	3/26/2021 3:51:42 PM
From: Frankly Speaking	Respond to of 16582

Hi LC I owned shares about a decade ago. Amazon, Rode it up, then down, Sold when it languished but kept it on the watch list as it's an interesting story. Picked up some on the breakout last week thinking the time has finally come. Well maybe will come shortly. I'm hoping to pick some more up on the next round of weakness.

To: LoneClone who wrote (16098)	3/26/2021 5:03:54 PM
From: stuffbug	Respond to of 16582

Momo traders are likely responsible for much of the chart pattern. They chased the stock price higher, which failed to crack the $2 barrier, leading a few long time time holders and short term traders to book some profits. As the share price declined, stop loss orders picked up steam. The large 11% decline on Wednesday caused a rush of panic selling in the morning session yesterday, with price stabilizing by mid afternoon. Anonymous was in on much of the Thursday action, buying and selling. I suspect investors looking to add or establish a position were happy to see the increased liquidity. Earnings will be out after the close March 30th.