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  • stkguy stkguy Aug 27, 2013 5:23 PM Flag

    Can't Get Over It

    I just can't stop thinking about the day a month ago, which was the first trading day after the bad earnings release and negative guidance. The stock opened down about 12, and I felt ok as a short, although I had predicted down 20. Then it turned around and minute by minute rose to green and finished up almost 10 on the day. I sat there dumbfounded watching the whole thing wondering WHO THE HELL WAS BUYING THIS AT THESE LEVELS AND WHY? Of course, I love seeing these people get pounded to oblivion in the intervening month, but still can't help wonder WHAT WERE THEY THINKING? And how do people who buy like that even have money? I guess that's just one of those mysteries of the universe I'll never understand. Anyway, back to reality........

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