It is crazy people were buying at 5.70 on the news yet are selling now at 5.20. Nothing haschangers since the news, the markets even been up since that news broke
The CEO news brought in a lot of retail buyers. The smart money had to mark it down to wrestle it away from them. March 8th was a selling climax and establishes a trading range in which the smart money is accumulating shares......no fear.
retail and still buying!
And never mind the CFO purchase of 15,000 shares. What could he possibly know?
" What could he possibly know?" - not much, didn't even order your donuts for the announcement
has changed* was using my phone.