The rest of the market is up and this thing tanks from the start on pretty much 0 volume. Maybe too many call options open, best to smack it down?
This is the scheduled once a week pull back/hesitation. Jefries will not be allowed to let this drop more than a dollar. I'm looking for 0.75 to sucker the shorts.
Notice how it just got pumped back to the noon time level before the Shalom sent the Fed payoff of the Wall Street bosses. Make you proud to be in this country, don't it.
It's still spiraling down! All day, even as the stock market goes up... on no news, it spirals down on light volume.
And now it's 50.26.. er.. 50.20? Huh. The only ones trading this are HFTs trading 100-share lots between themselves, probably both owned by SAC... wonder what would happen to the price if you removed the HFT trading.
Hard to believe that an hour ago it was 50.65 and now it is at 50.08 and still spiraling down.
I don't know dude... it is spiraling down uncontrollably.