It was a tough day Marc. I am sure many sold. Hard to watch your account balance go down the drain. Too many people don't use a "core" position that they simply maintain based on their own DD for a company. Almost unloaded my trading shares yesterday. Decided to hold tight.
I've seen it happen too many times. Looks like some big players in the know wanted to get in, but not at the higher price. So BoA created an opportunity. Not saying it was intentional, but it sure worked out that way. It also helps to have some healthy liquidity to take advantage of such opps. I keep about 50% or more. Less than that, I start to get nervous. JMO
Other than selling some in that last run to the 15s, I have been buying on the drop to as low as 11.31. Contrary to some of the pumpers that used to inhabit this board, there is a time to sell. A drop in price is not that time but rather a time to buy.