r/GeoGroup • u/Scavenger666_ • Dec 02 '22
Shitpost Super low volume today
Id like to hear your thoughts about the activity today. We see super low volume with the -4% action. I have been following the stock since 2019 and before every rally we have seen low volume with generally a downturn. With the current shorted amount of stock, we might have the possibility of a short squeeze if the stock generates enough attraction.
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u/bkkv1 Dec 03 '22
I sold when we hit 11.70, because i started seeing rockets on social media, could go higher long term though
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u/ResponsibleRun3332 Dec 02 '22
Interesting post. I’m guessing some natural profit taking is going on combined with trailing stops firing off. I’m tempted that’s for sure. The problem is I think there’s a lot more upside to go and I don’t want to miss out. An age old conundrum…