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There is large downward pressure on the stock due to an impending lockup period expiry. http://www.marketwatch.com/story/snap-short-sellers-bet-on-a-post-locku
by mikek 9y ago
There is large downward pressure on the stock due to an impending lockup period expiry.
http://www.marketwatch.com/story/snap-short-sellers-bet-on-a-post-lockup-tumble-but-it-isnt-a-sure-thing-2017-06-08 http://www.marketwatch.com/story/snap-short-sellers-bet-on-a...
- acchow 9y agoWhy wouldn't this have been priced in? Why does everyone and their uncle think they can predict stock movements with lockup periods?
- module0000 9y ago"Why does everyone and their uncle...." They don't. But every amateur with zero experience does.