$Torchlight Energy Resources(TRCH)$
An Evil Trap by Mr. Market.
This is a perfect setup to trap ๐ ๐๐ with ๐.
Mr. Market pumped leading and timed the dump on 22/6. Itโs a psychological date chosen as stock holders must hold from 22/6 to 24/6 to qualify for a dividend payout.
Holders may find consolation in some dividend payout by holding and are likely to average down by buying more into the falling prices. This works perfectly to the plan of as the market maker happily sell more to the bagholders. His entry price is probably much lower than now. He has 3 full days to selling into the market to those who held on to the hope of recovery.
When the dust settles on the 25/6โฆ. the ๐๐๐ are left stunned and confused as the leader of the pack โฆ.. disappears. ๐๐๐
Mr. Market will be sipping ๐ฅ by the pool.
Whatโs the consolation for the ๐ with a ๐ฆego. A ๐dividend.
Double $ digits may be ๐๐๐ away.
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