Making money on volatility.
I love the new one with hedgefunds have to sell their best assets to cover margin calls. some longs are really getting delusional, understandable with this beating lately. you think hedge funds went into margin calls, you are a moron. If you think they sold off their "best performing assets" to cover those calls, you are an even bigger moron. Day traders with deep pockets are beating this down as much as possible, as they figure longs will scare off and take their profits, while they buy up cheap. And make money in the meantime. This is their job people. They found their current victim and will move on when the time is right (prior to earnings is my guess). Call me an idiot like before, but I been green this month, while longs are waiting for $40 (waiting also but still doing my day trades).