Does it really matter long term especially to a buy and hold investor???? You may be right about the MM's....don't forget, they are required to "make a market" so they had to buy up all the shares that were being dumped after the news even though there were more sellers than buyers. Plus the MM's are technical traders...they don't care about possible company fundamentals and don't have huge advisory staffs like mutual or hedge funds that try to anticipate future developments like you suggest...it's not their job. Not something I lay awake at night contemplating.......maybe I would if I were running a hedge fund or had a huge stock portfolio.
Cash is King until further notice!!! My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy fools with money.
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.