Why would the big money want the small money? Because they are greedy. What you have going on right now is the generation of panic selling by manipulation of some large funds. Once selling exhaustion takes hold they will cover, or possibly even go long, and LF will be trading much higher. Just part of the game. Although I've rarely seen this type of manipulation hit a company so hard in such a coordinated manner right after a smoking hot quarter with nothing but positive near pefect news. Amazing amount of short float right now in LF, once the reversal takes hold it is going to be hard. Also, at these low levels LF becomes seriously attractive to Mattel-- on a buyout. Should be fun to watch in coming weeks-- but expect trading above $11 sooner rather than later.
I commend your loyalty and courage in sticking to the stock but if 8 doesnt; if the stock closes under 8 then alot of technical damage will be caused and i dont see this stock trading above 9 for the next couple of months even with the release of good ads and news.
I give it a hold at the moment
Remember, investors dont care about the rear mirror; the past; they only care about the future; whats coming, and what's coming isnt going to be as good as this current quarter according to the CEO of LF. Hence the drop, not price manipulation.
That's the reason you all are looking for to justify the drop in share price; the stock isnt as hot as everyone thinks.