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S&P 500
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US TECH 100
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2.17%
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ST Trader

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ST Trader

Re: asdasdasdasdas post# 42

Wednesday, 09/10/2014 9:07:53 AM

Wednesday, September 10, 2014 9:07:53 AM

Post# of 85
It appears that there were several people on twitter that have a ton of followers, started putting out short recommendations yesterday at the same time. The stock got way ahead of itself and when it broke down, it really broke down. Selling begets more selling. If you would have said that it could fall from 22 to 11.75 in a matter of 3 hours without news, I would have said you are crazy...but here we are. I sold around 75% of my position on the way up from 14.97 to 19.97, but still took a nice hit yesterday. I plan on adding some back as soon as the chart stabilizes.
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