I've seen this happen way too many times over the past year since I bought this stock- huge day followed by a big pre-market move-up followed by a finish 3 or 4% down. I hope I'm wrong, but I doubt it.
Scott. Unfortunately many of the Yahoo boards are dysfunctional. Either totally overrun by pumpers who will not let anything negative be posted, or overrun by bashers who gang bash any positive post. Fact and reasoned argument make no difference to either. The paid bashers don't care about facts. The average retail investor is too emotional, and take anything negative as a personal attack on their beloved stock. There are some who can separate the stock from the underlying company, but not that many.
Good job reading the tea leaves. Regardless of how we WANT things to go each day, the name of the game is predicting HOW things will go each day. That said, I think everyone at the bottom of this post owes you an apology. Yes, my position took a 2% hit today instead of the 5% gain I was hoping for but I can't be angry at anybody but myself so not seeing it coming. A smart player of the game would have finished the day with more shares for less money than when they started.
I was close to dumping my trading shares at 9..22 that I bought at 8.48 yesterday based on what you said above and because I have seen what you stated as well being a long time shareholder but I thought this might be different with the launch so soon but oh no the same ol crapola with the walk down by shortie - couldn't even hold yesterday's gains - that said - it is up from 7.8 in short order and so a pull back to around 8.5 - 8.7 ( former resitance and 200 dy) would actually be healthy.
I am so looking forward to the day when these shorts get crushed for all the BS they have done to this stock.