Before the debt deal, the Hedgies were afraid to exit high flyers on Friday because the nutty Dems and Teas might reach an accord over the weekend (good news). Now the Hedgies are all dumping the flyers for the weekend because they are afraid to hang on because there may be bad news over the weekend.
Well do you blame them...if you can sell or get your stop punched out then buy it back later next week. I just don't like waking up Monday morn to a Gap Down if I am still holding the stock. But if not then I can buy back in at a lower price. This stock has become more of a trading stock. The days of holding on to up day after up day are gone. It will move up and I believe it is still headed for $30 , but its gonna be a bumpy ride.