- GEEKAYWIRE's price plummeted 20 points this month.
- This price action may be done by institutional investors or operators who have accumulated and markuped the stock.
- The next phase for these institutional investors or operators will be Distribution , Hence a large sell will be seen.
- Therefore going short can be very profitable since the stock price will be droping low very soon.
Any kind of criticism is highly appreciated !
short position proved to have been profitable!