$Pineapple Energy (PEGY.US)$ why so many panic sell in this ...
$Pineapple Energy(PEGY.US$ why so many panic sell in this stock?
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NoobGirl : because it is hopeless
DDDDDDDDDDD NoobGirl: nothing is hopeless
epul95976OP NoobGirl: maybe i have to wait until 9may,because this date is earnings report date.
Daight : because the short seller knows how to make people panic. the tide is always on his side and he is really good.
other people don't know if others are holding or selling. if they see a suddenly huge fall, they will quickly sell to recoup losses. if they see price rise, they will buy, and repeat, becoming buy high sell low, which is what this guy is aiming for.
some bulls had no choice but to show people they are still holding over 200k shares. but the majority won't see it.
the pressure of seeing the shares drop by huge margin suddenly overwhelms their comfort of seeing people with over 200k shares and holding.
I don't like this short seller but he is really good at it. This type of people must enjoy seeing other people suffer.