Good question Uranium,...My thinking is that what happened Fri was mainly due to result of a lot of heavy hitters being convinced that it is bottomed and due reversal or they would not have taken such large positions without news as the driving force.As far as selloff that also is understandable since many of these players made a heckova profit that they would not lock in.Some of them made out like bandits and the less seasoned may have been burned if they sold from fear in the decline at end of session.My opinion on bottom was .041 but downward MOMO cut it deeper into oversold territory IMO.It was beneficial for me personally but I have just started buying again and am building a nice position in it but it was a scary thing for many I am sure as well as disappointing I am sure.My only point of concern was seeing VFIN as the "axe" but I have put that concern to rest this weekend and find no S8s or other filings that has ever connected CHDT with VFIN.If VFIN is a bad guy here then I assume it is not Venture Capital action but its connections with hedge funds that I am not sure is proven.It is still my opinion CHDT is either bottomed or so close to it that it matters not to me and my current holdings.Bear in mind that it is now proved to move very nicely..especially with meaty news.THAT I like!
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