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Re: Doubledown75 post# 52732

Tuesday, 01/18/2022 11:44:54 AM

Tuesday, January 18, 2022 11:44:54 AM

Post# of 57853
Your math is correct. The problem is day traders who stay in a stock for a few days. This group that jumped in just before or right after the PR are stuck pps-wise and they are selling at a loss. I think once this initial batch of day traders exit, longer term investors will move the price back to a fair, read higher, MC.