That was the problem, it was too fast, and, right at the open, so people passed the rest of the day selling.
About the shorts and flippers, I agree that maybe some people shorted the stock at .0086, but, they are now covering, and, flippers are part of the market, they sell, but, they also bought, so the effect of their actions is null.
You may be right, and, this may run much more from here, but, investors will need chartists, and, chartists will need investors, the market is formed by all types of players. Any stock is a chart play, short, middle or long term, because there are chartists that can hold positions for long time, as long the chart doesn't break important support points.
With this, I only want to say that both, investors and chartists, want the same thing, make money :)
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