72 institutions!!!!! thats why i am still holding and did not sell!! i am not a day trader but an investor. I feel sorry for people who lost a lot of money and i pray those people reap more than they lost!!
This is a painful lesson to those who have stop's on a speculative play like this. The market has no loyalty and will go where there is money to be made. They see how much they can squeeze and where everyone has their stops. This was an orchestrated move to deflate a company who being consumed by retail investors rather than institutions. this is POLITICS people, which is another name for BUSINESS. There have been agreements signed, orders placed, and one of the largest and most experienced manufacturers is in charge of seeing the orders being filled. Wouldn't you want a piece of the pie? HELL even the creditors that are OWED hundreds of millions want EK to throw money and resources at this.