Pascal
12-20-2013, 12:25 PM
PETM is (and has been) under intense selling pressure.
This selling pressure is about the double of the average maximum selling pressure that the stock has experienced in the past 6 months.
Why this? I do not know! Knowing that EV shows only a balance and not a strength and that this balance is on the negative of about 7% of all the shares exchanged, this means that in reality, the number of shares sold is much higher than the 1.2 Million shares shown on EV, which by the way amounts already to 94 M$.
Anyway, a big seller is present and the stock has difficulties moving higher... But it is not in a free fall!!
This is my only short position!
Pascal
2148421485
This selling pressure is about the double of the average maximum selling pressure that the stock has experienced in the past 6 months.
Why this? I do not know! Knowing that EV shows only a balance and not a strength and that this balance is on the negative of about 7% of all the shares exchanged, this means that in reality, the number of shares sold is much higher than the 1.2 Million shares shown on EV, which by the way amounts already to 94 M$.
Anyway, a big seller is present and the stock has difficulties moving higher... But it is not in a free fall!!
This is my only short position!
Pascal
2148421485