Could go all the way to $2 today yesterday's action could have been a last ditch effort to accumulate.
Selling, creates buying, stop limits yesterday is what I expect was most likely the majority of sales/purchases created by market makers....this is why I buy
The tactic may be used more than once prior a major change in a companies forward looking statement to induce selling in order to purchase existing options and to reduce the costs of the company.
Calls and puts are also affected when this happens, rule of thumb is don't panic and time the buy at the right time, as you seen yesterday we are already almost back to the pps being at $.30
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