You Longs are feeding your won nightmare. That is what the shorts want. I am new to opbl because I see the ridiculas opportunity that has presented itself for buying. I am backing up the truck on this one.
May I ask you longs....what the hell are you doing falling victim to a bear attack? I mean the company is outstanding and just upgraded itself on the trading floor and earnings not too far away. This company is curtting edge. Cut the crap folks...
I'm not sure what people are thinking. I think we may have had a lot of people here who have been holders since the 1s and 2s, because this shot up like a rock and made a lot of people fortunes. I think they may just be rushing for the exits as it falls and the people who bought in the 9s and 8s are doing the same to stop their losses.
It's a feeding frenzy of people taking profits and others cutting losses.
But with that said, I'm surprised there are not more buyers out there. Despite trading over double volume today, there weren't THAT MANY shares traded. When something really bad happens with a stock like this, you usually see 10 times the volume, etc.
Anyway, I'll be shocked if this stock doesn't rebound. It should have held above 5. AT least it closed there.