Going over some stocks taking $ premarket.
$NBRV
Out with news.
Has a big float.
Volume is heavier than usual today.
But to me it looks like around $1.20 would normally be the resistance. So nothing left there.
To me it looks like the industry has been shorting this one.
Conversation
Had to catch the news AH yesterday to stand a chance at any real money on this one
shorts are everywhere.. even in $UAVS... it can go up high and come down quick .. i hope the shorts all screw themselves seriously
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Company could have a bright future. They are also awaiting FDA approval which is only being held up due to travel issues for a facility inspection.
How do you tell if the industry is shorting this one? Is there something in the chart? Just a feeling?