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Adipaola

03/27/17 8:46 PM

#35452 RE: BillionaireBoy #35451

That's the strange part. If the MMs ran it down and then it was diluted into that massive 3 bid, it could have been the end of that last note, and scared everyone and their mother from buying 4s. Hell, no one was even willing to get back on the 3s including myself after I was filled and averaged down.

I'll hold until we get some kind of news and see if we can't make some money here. They confirmed that 3 once again is bottom and their didn't appear to be a ridiculous amount of 4s and 5s on the ask considering the volume we had last week. I'm guessing most people's average is between 5 and 6 at this point unless you were accumulating before the run or just got in Friday morning or today.

TheTrader72

03/27/17 8:55 PM

#35453 RE: BillionaireBoy #35451

Just conversions going through. Then market skiddish to buy 4's is my thought. That's the problem with conversions being performed foolishly. The market will start to lose faith in the stock and makes it much harder to push. Some real clowns behind this one apparently. Could have ran this way higher and made way more money on the conversions by slow leaking them along the way. Who knows what deals are being played out behind the scenes though. IMO.....EPXY