many on this board have no clue how to play the technicals on this stock. We already bounced off the LOW. It is very unlikely that we will bounce off it again in the short term, regardless of the percent off the low. Just look at the support we are getting here.
I saw a few 1 mil k orders just go through to match all the sells. People are waiting on bid until the orders are stacked and they have to hit the ask. It's just the way of the beast. Say what you will, as others have said, I seriously doubt we drift back into the deep .001s.
If by some small chance we do, I got the ammo to load the boat ;)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.