Trader Brian Jones on Twitter: "That can happen sometimes. If a trading outfit jumps in too soon to short a Micro Float like $LVGN. The market could make them pay the price. Watch volume because that can ONLY happen if volume remains strong. If Volume drops with price then it's over." / Twitter

That can happen sometimes. If a trading outfit jumps in too soon to short a Micro Float like $LVGN. The market could make them pay the price. Watch volume because that can ONLY happen if volume remains strong. If Volume drops with price then it's over.

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@HeatCheck_22

Nov 19, 2021

Replying to @MasterBJones and @traderbjones

My biggest question ...how do you know when the pump is over versus it being just a dip? Such as LGVN today. It looked like the pump was over, but it later came back with a vengeance.

4:21 AM · Nov 19, 2021Twitter Web App

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Thanks Brian

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Instead of the usual dump on these types of plays it saw an hour-long trading range of $6-7. That was enough time to let shorts know there’s some strength. That’s a short nightmare on low floats. The AH run was from the double bottom and bull strength from the first short cover

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