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trader59

09/13/19 12:43 PM

#158215 RE: Not_on_the_rug #158212

Retail probably were told "buy the dip" and "average down," but ran out of money. After a slam down like that, these things don't typically attract new retail buyers, and those already in start to smell a rat, so while DCGD may bounce a dead cat a couple times, it's done. No self respecting pennyland con artist is going to hang onto a stock for a 2 bagger, especially when they're moneyed up.