$TEAR news was European Regulatory Clearance. The institutional holders stuff is done for a ton of stocks, and wasn't specific to $TEAR. While I don't disagree with your overall short thesis on it, keep in mind it's a 5.43M float that just traded 20.8M shares. Seems to be a high risky play jumping in at $3.40 so fast until you confirm volume is gone and the strength is over and not waiting for the first closed red day. Junk has been running past few months, so I'd be super careful.
$TEAR news was European Regulatory Clearance. The institutional holders stuff is done for a ton of stocks, and wasn't specific to $TEAR. While I don't disagree with your overall short thesis on it, keep in mind it's a 5.43M float that just traded 20.8M shares. Seems to be a high risky play jumping in at $3.40 so fast until you confirm volume is gone and the strength is over and not waiting for the first closed red day. Junk has been running past few months, so I'd be super careful.
@wannabestocktrader thanks for the input! ill be more careful on it now
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