PURE BS! If you're experienced in the stock market, you will see that volume and momentum just kicked in. No way will it free fall with this kind of run. The run will continue upwards until momentum dies (which will not happen in the next few trading days).
Tang will let this free fall now. Get ready for a 1.55 close!
Then, a buyout on Monday by Tang with 20 mil+ shares.
Really hard for me not to sell this considering I bought at $1.50 per share. What do you think SMAC looks like it might close up. But it would be nice to short this and rebuy at 1.55. If the buyout does take place monday will it still go up? Or is there a fear of going private or liquidation? GK