ONCY is down over 5X the NASDAQ. It's like I said, ONCY looked good on the charts, volume built, it brought in a bunch of short term momentum traders, and now that's done. That's no knock on ONCY (it's my biggest position), it's just the simple market truth.
rmd. - Amen. I tried to enlighten bellyvecchio about the MMs naked shorting to supply buyers and the inevitable backside of that but as usual he (she?) can't learn from others. It will be interesting to see if meaningful momentum buying continues this week.