The weak Hands have sold out Today.The Specialist on the Floor gladly bought their Shares ( they love when a Brokerage downgrades for no Reason ). Now they'll have a basket of Shares,after the Selling dries up; then dish out those Shares incrementally at higher and higher Prices to make profitable Trades. What a Racket!
As I mentioned in msg.#459. A Downgrade on no News, or for no apparent Reason is a Wall Street Ploy between Analyst and Floor Specialist to shake out Weak Players which lowers the Stock.Who do you think is buying the Stock as it slowly sinks?--The Specialist,of course. Then he manipulates the Stock upwards,as on Mar. 4th and makes a profitable Day.