Electronic Cigarettes International Group Ltd fka ECIGQ

[Bernie-UK]

No one wants to see news like todays unless they are sitting on the sidelines with a bundle of cash. Regardless of what happens with the company moving forward, it was obvious it would tank first thing. Too irresistible to shorts and too much of a panic going on not to have a dip.

My opinion on why it has not been as bad as people thought? It's not an RS for one thing, it's a meeting to vote on an RS. This is not a stinky pinky where you do some research and find the company has filed an RS behind your back and all of a sudden it happens.

The company is still what it was before and the big money investors know that. That's why you're seeing the sarcasm because it's not the first time that many have played stocks doing exactly the same. They picked the bottom and started buying up stock, anything under 6 was a great buy imo.

Panic is a terrible emotion for anyone playing the markets, loses people money every time. This stock has too much momentum for it to last long though and now that this news is out of the way, I'd expect better runs coming.