The stock market is irrational. If I had to guess, I would say it was a combination of things, most likely attributed to margin calls, stop loss triggers, hedge funds, high-speed computerized trading and MM games. This is a great opportunity to buy in at rock bottom prices. The CEO and VP of BMTI bought shares in the open market last week, which is very reassuring to say the least, imo.
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.