Today was selling before the tank and then people buying on the bet. Unfortunately, for the vast majority of buyers, they bought in the morning and then the stock tanked. How do I know these things? Look at the timing of the buys and the market price of the shares.
Poor little bagholders are boinked once again. But we all know the pumpers all bought at 20 and sold today at 45. Just ask any of them. Funny thing is, none of them ever seem to post on the day they buy and at what cost.
I on the other hand do post my short sales and my covers.
The mother of all head fakes! I hope the baggies kept their neck braces close. But it was kind of nice to see a few of the 1998 Pump team members crawl out of their holes and proclaim vindication. Even if it was just for a couple hours. We won't see them again until a couple days before Q3 loss report.