Fake pump/ bull trap
$Plug Power(PLUG.US$ itll be down another 4% tomorrow. It literally trades exactly the same everyday. Price highest in premarket or open, then dump. Consolidation at lows, pump up into the close, stays red. The cycle continues. When bottom😪
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ElonBustOP : It’s been 9 straight days like this. On such low volume too, it’s nuts. Whatever algo is being used, it’s damn good.
ElonBustOP : 105% maintenance margin for short selling are you fkn kidding me. Shorts must be 100% sure this stock wont pump anytime soon, they're f*cked if it does
ElonBustOP : If it breaks days high then I stand corrected, but them shorts are getting tight right about now
ElonBustOP : Haha their stops are at 3.2 those assholes
egan1 : I'm only paying 3% for my short sale, idk where you got 105%.
ElonBustOP egan1:
ElonBustOP : Maintenance margin is the amount of equity needed to maintain the position open.
egan1 ElonBustOP: I miss read, though you were talking about the margin rate.