I don't think there was bad news? we just got over run. we cannot have good news every week. to much news ! scared money will never win. some weak hands got scared and it just got started going down and got pilled on. great time to load and make money. compare this the other pennys and we are way a head !!
I don't think that's what ct meant. I think he was referring to the possibility that poor revs came out or some other bad news - public, not insider private bad news. IMO the price action reflected shareholder reaction to MoneyTV which in its most simplistic analysis is "all talk and no walk". That and the strong possibility Marani dumped more shares for reasons that actually don't matter at this time and pps.
It had to have ben capitulation. Once some of the stop loss were triggered, it cascaded. Not uncommon as the MM's can see those and trip them easily. It tends to feed on itself once it gets started. We will see Monday if there is a bounce from that drop or if the MM's go after it again.
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