Scooby,
On Wall Street, if it is obvious, it is obviously wrong!
The odds looked to be stacked against the shorts, but the shorts are winning here! Typical!!
At this point, it is probably too late to sell; however, I give 90% or better odds that the shorts, machines, etc take the stock below $80 tomorrow or later this week to collect the stop loss orders below $80. Perhaps we will bottom out then?
?? - Tomcat
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